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Greystar Sells $2B National Multifamily Portfolio to Blackstone

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Charleston, S.C.—Investment, development and management company Greystar Real Estate Partners LLC has announced that Greystar Equity Partners VII LP (GEP VII) has sold a 32-property multifamily portfolio to Blackstone Real Estate Partners VIII. The purchase price was $2 billion, or approximately $192,000 per unit.  Read more here.