Silverstone Partners and JSB Capital Group Launch Residential Joint Venture With the Purchase of a BTR Portfolio in West Texas [Yahoo! Finance]
WPP plc American Depositary Shares (WPP)
US:NYSE Investor Relations:
wpp.com/wpp/investor/financialnews
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Source: Yahoo! Finance
real estate investment management platform, today announced the formation of a programmatic joint venture (the "Partnership"). The Partnership will target compelling multifamily and build-to-rent ("BTR") acquisitions across primary and secondary markets. The Partnership has been launched with the acquisition of a four-property portfolio of high-quality BTR communities (the "Seed Portfolio") in Midland, Texas, purchased from Related Companies, a leading institutional real estate investor and developer. The Seed Portfolio comprises 277 homes featuring spacious floorplans with an average unit size of nearly 1,300 square feet. Strategically located in Midland, the heart of the Permian Basin and the country's most productive energy region, the acquisition aligns with the Partnership's strategy of capitalizing on favorable capital cycle dynamics by targeting institutional-grade assets in markets anchored by robust economic drivers. On behalf of the Partnership, Silverstone will lead i
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News
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WPP
Sec Filings
- 1/6/26 - Form 6-K
- 1/2/26 - Form 6-K
- 12/22/25 - Form 6-K
- WPP's page on the SEC website