Complementary Businesses to Drive Continued Growth and Enhanced Capabilities in Rental Housing
Greystar Real Estate Partners, LLC (“Greystar”), a global leader in the investment, development, and management of high-quality rental housing properties, today announced a strategic investment in Thackeray Partners (“Thackeray”), a leading private real estate investment firm with expertise in rental housing and industrial asset management. As part of the transaction, Greystar has agreed to acquire 45% of Thackeray with the future option to purchase the remainder of ownership interest within the next two years.
Founded in 2005 by Tony Dona and Mary Hager, Thackeray has a distinguished track record of executing attractive investments in the rental housing and industrial asset classes across five separate funds. Headquartered in Dallas, to date, the firm has closed or committed to transactions totaling over $5.3 billion, representing over 23,200 rental housing units and nearly 20 million square feet of industrial space. Thackeray