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South Carolina manager Greystar Real Estate Partners has closed its 10th value-add multifamily fund at its hard-cap.
Stuart Sziklas will join the firm as head of US custom accounts on September 3, and will lead the portfolio managers overseeing $10 billion across the firm’s separately managed accounts.
Given a family office’s access to long-dated capital, real estate investments seem like a good fit. But management fees continue to be an area of contention.
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