LCOR is a fully integrated real estate investment, management, and development platform with a 40+ year history of successfully developing and operating urban and transit-oriented multifamily residential assets. In 2012, GI formed a joint venture with CalSTRS to acquire the LCOR business and assets, thereby forming a venture with LCOR management. The Platform is now comprised of over 8,300 multifamily units, primarily in the northeast and mid-Atlantic, with the ability to build out an additional controlled development pipeline of 2,250 units.
Investment Details
- Investment Date: May 2012
- Status: Current
- GI Role: Sole Investor
Real Estate Initiatives
- Operational orientation calibrated to investment objectives
- Effective management of capital structure
- Active platform management
- Non-strategic asset sales and the execution of new developments
Headquarters
Berwyn, PA
