P
alladius Capital Management, a vertically-integrated real estate investment manager with debt and equity strategies, has acquired nine residential assets worth $579 million. The portfolio includes five multifamily and four student housing communities, totaling over 2,500 units.
The acquisition strategy focused on opportunistic and value-add investments in high-growth markets with strong fundamentals, such as job growth, re-urbanization, education, and infrastructure development. For student housing, Palladius targeted universities with high application/enrollment growth. By investing in these assets, the company aims to generate favorable returns for its investment partners.
Palladius acquired the portfolio on behalf of a private real estate fund that raised $112 million in equity primarily from private wealth channels. The firm's Senior Managing Directors, Marko Velazquez and Manish Shah, attributed their success to leveraging market knowledge and residential asset expertise to acquire properties at an attractive basis.
"We are pleased with the outcome in a challenging environment," said Nitin Chexal, CEO of Palladius Capital. "We look forward to continuing value creation for our investors and community tenants."
Palladius' investment strategies focus on creating short- and long-term value through its deep market knowledge and operational expertise. The firm's rapid growth since its inception in 2021 reflects the evolution of its platform and network.
As a diversified real estate investment manager, Palladius pursues value-add and core-plus strategies targeting multifamily, student housing, hospitality, and other thematic investments. The company manages approximately $950 million of real estate across the US and is focused on building a progressive platform that promotes diversity and inclusion.
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