CenterSquare Investment Management (CenterSquare) and Arch Street Capital Advisors (Arch), acting on behalf of a capital partner, today announced a joint venture (JV) targeting investments in high-end Service Properties in the Sunbelt region of the United States. Supporting the strategy is an acquisition financing facility from Barclays, providing the JV the ability to acquire approximately $150 million of properties. The joint venture is actively seeking new Service Property investment opportunities in the $7 – 20 million price range.
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