JOINT VENTURE FORMS $200M VALUE-ADD APARTMENT FUND

BOSTON — Boston-based real estate companies The Roseview Group and Winn Cos. have formed Roseview WinnResidential I, a $200 million real estate investment fund, to acquire and reposition multifamily properties across the country. Roseview WinnResidential I, a discretionary real estate separate account with a major U.S. pension fund, will invest in Class B to C+ multifamily properties that include at least 150 units. “This fund provides the Winn team an opportunity to utilize our national experience in repositioning and operating multifamily properties to generate excellent returns for the partnership,” says Samuel Ross, CEO of Winn Cos. Winn Residential, the property management arm of Winn Cos., will act as property manager and operator for each investment in the Roseview WinnResidential I portfolio. The Roseview Group is a private real estate investment and advisory firm, and Winn Cos. is a real estate development and property management company.