Resia, a leading housing platform specializing in the development, construction, and management of multifamily communities across the United States, today announced that Resia Old Cutler, a 390-unit garden-style apartment community, will be announced by Kayne Anderson Real, a leading real estate company. announced that it would be sold to the Estate. Real estate investment management company.
As part of the sale, Regia will continue to serve as Regia Old Cutler’s property manager and maintain a role overseeing day-to-day operations. Cain Anderson Real Estate, known for its focus on medical office buildings, student housing, senior housing, and affordable housing for mid-market renters, has acquired Regia as its first acquisition from Regia. The selection of Old Cutler marked an important milestone for both companies.
“Through the sale of Regia Old Cutler, a community that exemplifies our commitment to providing quality housing solutions, we are pleased to announce that Cain Anderson Real Estate and We are proud to expand our partnership.” “This partnership is an important step in our growth strategy as we continue to address the pressing need for more diverse housing options in South Florida.”
Completed in 2023, Resia Old Cutler is located at 22555 SW 107th Avenue in southeast Miami-Dade County, Florida. This community offers one-, two-, and three-bedroom apartments, as well as upscale amenities including ample parking, a multipurpose room, a fitness center, a children’s play area, and a swimming pool . Strategically located near local attractions such as the Florida Turnpike, Miami International Airport, and the Miami Zoo, it ensures both comfort and convenience for residents.
“We are proud to partner with Regia on this acquisition to provide mid-market renters with a high-quality, high-quality solution,” said Ken Kahl, senior managing director and head of student and multifamily housing at Kayne Anderson Real Estate. “We are excited to continue our shared mission to provide housing.” “Regia Old Cutler is a prime example of the type of community that aligns with our strategy and provides an excellent living environment that meets the growing demand for affordable, quality housing.”
As Regia continues to expand, it remains committed to addressing the nation’s housing crisis by developing quality apartments in fast-growing metropolitan areas where soaring rents are squeezing many residents. There is. For more information, please visit www.liveresia.com.
About Regia
Resia is an award-winning housing platform that develops, builds, and manages quality multifamily housing communities across the United States. Its mission is to provide an exceptional living experience to the millions of American households that currently spend more than half of their income on rent. Resia is a division of MRV&Co (MRVE3:BZ), one of the world’s largest home builders. For more information, please visit www.liveresia.com.
About Kane Anderson Real Estate
Kayne Anderson Real Estate is a leading real estate investment firm with approximately $16.5 billion in assets under management across opportunistic equities, core equities, and real estate debt, with investments in medical offices, senior housing, off-campus student housing, and multi-family housing. We have expertise in the field of housing. , self-storage. Cain Anderson Real Estate is part of Cain Anderson, a $36.5 billion alternative investment management firm with more than 40 years of successful experience in real estate, infrastructure, energy and credit. For more information, please visit www.kayneanderson.com/real-estate/. (As of June 2024)
