Greystar Real Estate Partners to acquire a 45% stake in Thackeray Partners.

Greystar Real Estate Partners, a provider of real estate services, agreed to acquire a 45% stake in Thackeray Partners, a real estate investment firm. Financial terms were not disclosed. Greystar will have an option to acquire the remaining stake within the next two years. “Partnering with Tony, Mary, and the entire Thackeray team adds expertise and core competencies in all aspects of investment, asset management, and ownership that we couldn’t be happier about. There is significant upside to this transaction, and we look forward to utilising Thackeray’s 15-year track record in fund management to build on our multifamily platform and capitalise on new opportunities," Bob Faith, Greystar Founder, Chairman and CEO.