Equus Divests 22-Property MF Portfolio for $467M

Equus Capital Partners, Ltd. divested a 22-property, multi-housing portfolio located in eastern Pennsylvania for $467 million. The properties sold in phases to different undisclosed buyers throughout 2017, with the most recent closing at the end of September.

The properties were located in suburban Philadelphia, Lancaster, Harrisburg, Wyomissing, Lehigh Valley and northeastern PA. The properties offered diversity of size, ranging from 50 units to 400 units, as well as vintage, ranging from the early 1960s through the mid-2000s.

HFF’s Mark Thomson, Carl Fiebig, Francis Coyne, Jose Cruz and Matthew Lawton marketed the properties in six sub-portfolios, on behalf of the Philadelphia-based seller. Additionally, the HFF team worked on behalf of the new owners on a number of the transactions to secure acquisition financing.

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

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Equus Divests 22-Property MF Portfolio for $467M

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About Dennis Kaiser

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Sub Markets

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Property Sectors

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National CRE News In Your Inbox.

Equus Divests 22-Property MF Portfolio for $467M

Inside The Story

About Dennis Kaiser