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Greystar Acquires 458 Units for Flexible Living Portfolio in Spain, Securing Loan from Eldridge Real Estate Credit

Summary by Citybiz
LONDON–(BUSINESS WIRE)–Greystar, a global leader in the investment, development, and management of high-quality real estate across the living sector, has announced the acquisition of a development site for 458 apartments for its growing flexible living platform in Madrid, Spain, from Bermejo & Williamson Real Estate. Permits have been secured from the municipality along with a €56.1 million construction loan from Eldridge Real Estate Credit. Exp…
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Greystar Acquires 458 Units for Flexible Living Portfolio in Spain, Securing Loan from Eldridge Real Estate Credit

LONDON–(BUSINESS WIRE)–Greystar, a global leader in the investment, development, and management of high-quality real estate across the living sector, has announced the acquisition of a development site for 458 apartments for its growing flexible living platform in Madrid, Spain, from Bermejo & Williamson Real Estate. Permits have been secured from the municipality along with a €56.1 million construction loan from Eldridge Real Estate Credit. Exp…

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Greystar buys BWRE a floor to develop a flex living project in Boadilla del Monte, Madrid - Brains Real Estate News

The building, whose construction is estimated to be completed by 2027, will have 458 studios and apartments with one and two bedrooms.

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brainsre.news broke the news in on Wednesday, April 2, 2025.
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