Klaff Realty acquires LP Interest from private endowment
In June 2017, Klaff Realty acquired a limited partner interest in a secondary sale from a large university endowment. The portfolio is comprised of 35 assets nationwide across a variety of asset classes, deploying a value-add strategy. These assets were primarily purchased between 2014 and 2016. Specifically, the portfolio includes 12 multifamily investments (4,063 units), seven retail investments (2.5 million square feet), six office/industrial investments (1.2 million square feet) and ten hospitality investments (2,280 hotel rooms).