Dubai's Royal Family Becomes One Of Largest Apartment Landlords In U.S.

A Manhattan investment manager teams up with Dubai's royal familyfor a $1 billion apartment acquisition.

1 minute read

March 27, 2005, 5:00 AM PST

By Chris Steins @planetizen


Dubai Investment Group – funded essentially by the Dubai royal family – has partnered with New York-based Milestone Group to acquire a $1 billion portfolio of 21,000 apartment units across the U.S. The deal makes DIG one of the largest apartment landlords in the U.S.

Thanks to Peter Slatin

Friday, March 25, 2005 in The Slatin Report

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