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Trilogy Real Estate Group's Strategic Sale: A Testament to Resident-Centric Approach and Value Creation
In a significant milestone, Trilogy Real Estate Group has successfully sold an 11-property multifamily portfolio spanning eight states and totaling over 3,000 apartment homes to Morgan Properties. This transaction underscores Trilogy's commitment to delivering value for its investors while prioritizing resident satisfaction.
Through its vertically integrated business model, featuring a highly effective property management arm, Trilogy has consistently achieved exceptional operational performance and high levels of resident satisfaction. Over the past decade, the company has leveraged this approach to reposition the assets, resulting in above-market rent growth and high occupancy levels despite frequent market shifts.
The sale marks a major achievement for Trilogy, reflecting its disciplined approach to portfolio optimization and value creation. With over 100 offers received from top multifamily investment firms, Trilogy was able to achieve outstanding returns for its investors while cementing its reputation as a leader in the industry.
"We're proud of the value we've created over the past decade," said Neil Gehani, Founder and CEO of Trilogy Real Estate Group. "This sale represents another landmark achievement for our company, reflecting our commitment to delivering strong risk-adjusted returns to our investors while enhancing the lives of our residents."
Trilogy's focus on resident experience has been a key factor in its success. The company prioritizes high-quality property management, which was an important consideration in selecting Morgan Properties as the new owner. With Morgan retaining the existing property management teams across the portfolio, Trilogy is confident that the residents will continue to thrive.
"We're thrilled to have selected Morgan Properties as the new owner of the portfolio," Gehani said. "Morgan shares our commitment to family values and resident satisfaction, and we're confident they'll carry on the legacy we've built."
As a trusted leader in the multifamily sector, Trilogy remains focused on its core mission of identifying attractive investment opportunities, enhancing communities, and delivering meaningful value to partners, residents, and team members alike. With a proven track record of successfully executing complex transactions, Trilogy is poised for continued growth and reinvestment.
About Trilogy Real Estate Group
Trilogy Real Estate Group is a vertically integrated real estate investment and management firm with $2.6 billion in total assets under management. The company buys, builds, and manages institutional-quality apartment communities throughout the United States, with a focus on delivering exceptional resident experiences and strong risk-adjusted returns to its investors.
