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New Deal


Announced

Completed

Asana Partners and Mill Creek Residential to form a $184m joint venture.

Financials

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Transaction Value£145m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Acquisition

Majority

Friendly

United States

multifamily-building

Real Estate Holding and Development

Joint Venture

Domestic

Private

Single Bidder

Completed

Synopsis

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Asana Partners, a real estate investment firm, and Mill Creek Residential, a national rental housing company focused on the investment, development, acquisition and operation of rental communities, to form a $184m joint venture to develop a mixed-use multifamily-building in Charlotte, North Carolina.

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