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Housing investor Evergreen Residential raises $1 billion in capital

Kuvare Holdings, Prosperity Asset Management among investors betting on Dallas firm

Evergreen Residential, based in downtown Dallas, was founded three years ago. (CoStar)
Evergreen Residential, based in downtown Dallas, was founded three years ago. (CoStar)

A Dallas-based institutional real estate investor and operator of single-family homes has raised $1 billion to grow its portfolio.

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