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Goldman Sachs, Blackstone Form Partnership With Growing Apartment Investor in Older Properties

Partnership To Fuel Roughly $100 Million in New Deals
The leasing office for an apartment complex in Norcross, Georgia, that Ashcroft Capital bought last December in partnership with a New York REIT. (CoStar)
The leasing office for an apartment complex in Norcross, Georgia, that Ashcroft Capital bought last December in partnership with a New York REIT. (CoStar)

Goldman Sachs and Blackstone Strategic Partners have saddled up with a growing apartment investment firm in a partnership that initially involved roughly $600 million in properties in two Sun Belt states.

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