June 24, 2019
Lincoln Property Co.’s multifamily division is partnering with Cadillac Fairview in an attempt to grow multifamily property management operations and investment activities across the United States. Dallas-based Lincoln Property is the nation’s fifth-largest multifamily developer, and the second-largest multifamily manager in the U.S., with more than 191,000 units under management.
Lincoln Property’s Tim Byrne indicated that the partnership with Cadillac Fairview, headquartered in Toronto, will mean “an opportunity to continue multifamily expansion across the country with significant capital.”
The Lincoln Property owners and management team will continue in their current roles. The partnership is in the final stages of raising a long-term investment vehicle, focused on the acquisition and development of high-quality multifamily assets across the country, mirroring Lincoln’s current footprint.
Lincoln Property Commercial and Lincoln Military Housing are not part of the partnership, and will continue operating independently.
Pictured: Tim Byrne, Lincoln Property
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