Closed-end club vehicle created to be Archstone’s exclusive acquisition vehicle for multifamily properties in its strategic markets.
| Total Capitalization: | Up to $1,000.0 million |
| Total Equity: | $350.0 million |
| Investor: | $250.0 million (71.4%) |
| Operator: | $100.0 million (28.6%) |
| Leverage: | 65% |
| Term: | 10 Years |
| Closing Date: | March 2012 |
| Press Release: | Download |
Recapitalization of two existing Archstone apartment communities in the Boston and Washington, D.C. metropolitan areas with two global institutional investors.
| Total Capitalization: | $270.5 million |
| Total Equity: | $270.5 million |
| Investor: | $216.4 million (80%) |
| Operator: | $54.1 million (20%) |
| Leverage: | Nil |
| Term: | Infinite Life |
| Closing Date: | July 2011 |
| Press Release: | Download |
Semi open-end fund investing in German residential real estate with a strategy to hold and improve operating performance with a moderate privatization element.
| Total Capitalization: | Up to €1,520.0 million |
| Total Equity: | €455.7 million |
| Investor: | €380.7 million (83.5%) |
| Operator: | €75.0 million (16.5%) |
| Leverage: | 70% |
| Term: | Semi open-end |
| Closing Date: | June 2008 |
Joint venture to acquire multifamily properties in targeted markets throughout the U.S.
| Total Capitalization: | $350 million |
| Total Equity: | $125 million |
| Investor: | $100 million (80%) |
| Operator: | $25 million (20%) |
| Leverage: | 60% |
| Closing Date: | May 2006 |