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

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