Eldridge Acre Partners, the Successor Operating Business to AECOM Capital Real Estate, Launches as a Specialized Real Estate Investment Firm [Yahoo! Finance]
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Source: Yahoo! Finance
LOS ANGELES May 3, 2024 /PRNewswire/ -- Today, Eldridge Acre Partners ("EAP") announced its formation in partnership with Eldridge Industries as a privately held real estate investment management firm specializing in U.S. real estate . EAP, the successor operating business to AECOM Capital Real Estate, will leverage its team's hands-on real estate investment and development experience to identify new opportunities for growth, particularly in rental housing, industrial, mixed-use properties, and student housing. EAP will also provide support in respect of AECOM Capital's existing investments and related investment vehicles. "This strategic transition is the logical next step in the team's evolution and positions us to operate with more flexibility to create value for our stakeholders and continue to grow on the success we've achieved over the last decade," said Warren Wachsberger , Chief Executive Officer of EAP. "Current market conditions create strong potential investment opportun
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ACM
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