Company Acquisitions

Tripalink, a venture capital-backed tech startup revolutionizing the long-term rental market, is pleased to announce its acquisition of Varsity, a leading student housing operator with 3,900 units primarily located on the East Coast. This strategic move significantly enhances Tripalink's national portfolio, which now manages over 10,000 units across the country, and is expected to create substantial opportunities for clients, team members, and residents alike.

This partnership marks Eastham Capital’s 54th & 55 th acquisition with local operating partner

Continental Realty Corporation (CRC), a Baltimore-based real estate investment and management company active in 12 states, has acquired its second multifamily community in the greater Bluffton-Hilton Head, South Carolina area with the recent $44.5 million acquisition of Bristol at New Riverside, located at 205 Forest Trace in Bluffton. Developed by Madison Communities, delivered in 2024, and formerly known as Madison New Riverside, the 166-unit two- and three-story garden community was 90 percent leased at the time of this transaction. Taylor Bird, Executive Managing Director of Cushman &Wakefield, represented the seller in this transaction.

Global residential property management group continues significant U.S. expansion

JRK Property Holdings out of its JRK Platform 5 Fund has acquired in separate transactions two Class A multifamily communities in Minneapolis and San Francisco for nearly $100 million.

Today marks the launch of Pratum Companies, a national, integrated real estate firm, following Full Circle Real Estate Partners' acquisitions of Edgewood Management Corporation and Presidential Service Industries and the formation of FCRE Compliance and Leasing. Now powered by new leadership under CEO Shah Alam, Pratum has expanded its executive team with Steve Lainez as president of the commercial cleaning division and Adriana Ortega Diaz as president of the compliance and leasing consulting division.

STANDARD COMMUNITIES MAKES FIRST INVESTMENT IN MINNESOTA

Standard Communities, a leading national multifamily housing investor and developer, has made its first investment in Minnesota, acquiring Rivertown Commons, a 96-unit 100% affordable community for seniors and individuals with disabilities in Stillwater.

Pretium, a specialized investment firm with over $50 billion in assets under management, today announced that it has completed its acquisition of BH Management Services (“BH”), one of the nation’s premier property management platforms in multifamily, student, and single-family housing.

Pretium, a specialized investment firm with more than $50 billion in assets under management, today announced that it has agreed to acquire BH Management Services (“BH”), one of the nation’s premier property management platforms in multifamily, student, and single-family housing. The transaction is expected to close early in the second quarter.

Mature Affordable Housing Development Business to Expand Services, Aligns Mission to Make Greater Impact on Affordable Housing Nationwide