Singapore real estate giant CapitaLand enters U.S. multifamily with $835 million acquisition

Singapore real estate giant CapitaLand enters U.S. multifamily with 5 million acquisition
With rents continuing to rise with little sign of slowing, multifamily real estate in the U.S. is beginning to draw some serious international investor interest, as one of Asia’s largest real estate companies is planning a U.S. invasion of its own. Singapore’s CapitaLand announced Tuesday that it is entering the U.S. multifamily market with an $835 million acquisition of 16 apartment communities in Seattle, Portland, Los Angeles, and Denver.
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