Announced
Completed
Financials
Tags
United States
Private
Private Equity
Domestic
Friendly
Acquisition
apartment rental
Majority
Real Estate Holding and Development
Completed
Real Estate
real estate
Synopsis
Alliant Strategic Investments, an investment firm, and Nuveen Real Estate, a manager of real estate funds and mandates, completed the acquisition of Riverstone Apartments, an affordable housing community, for $94m. "Alliant Strategic Investments appreciates our partnership with Nuveen on the purchase of the Riverstone Apartments. This investment allows us to extend the life of an important affordable housing asset. We know that our investments are making a difference in the lives of our residents, and want to continue supporting communities like Bolingbrook across the United States. We look forward to working with the mayor and local officials as we seek to enhance the property and contribute to the vibrant community in Bolingbrook," Russell Ginise, ASI President.
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