USAA Real Estate Company and Gables Residential Enter Large National Development and Acquisition Venture
On January 12th, an affiliate of USAA Real Estate Company executed a Joint Venture Agreement with Gables Residential to develop Class-A multi-family properties at select urban infill sites as well as purchase an interest in several of Gables' best-in-class stabilized properties. Â The development and acquisitions amount to over $400 million of Class-A multi-family assets.
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