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Greystar Strikes $2B Deal with Multifamily Pioneer Finger Companies
The Finger Companies sold a portfolio comprised of more than 20 garden and mid-rise assets from its national holdings to a venture led by Greystar in a transaction valued at $2 billion. As part of the transaction, the new venture agreed to retain all of Finger’s on-site employees.
“This is a major step towards achieving our goal of maintaining a certain level of excellence for which we are known,” said Finger Companies founder, president and CEO Marvy Finger, who launched the Houston-based company in 1958. “We are perfectly positioned to do exciting new projects that will propel the company far into the future.”
JLL Capital Markets’ Scott Galloway, Dustin Selzer and Robert Casas represented Finger Companies.
“These assets not only come with prime locations, but they also come with the highest quality product offerings and the best management team in the business,’ said Galloway. “They perfectly complement Greystar’s national portfolio.”
Pictured: Marvy Finger.
- ◦Sale/Acquisition
