Investcorp Adds $400 Million Multifamily Residential Portfolio; Total Real Estate Acquisitions Tops $1 Billion for the Last 12 Months Continues highly active period with the acquisition of eight properties in major U.S. markets

NEW YORK, Oct. 14, 2015 /PRNewswire/ -- Investcorp, a leading provider and manager of alternative investment products, today announced that its U.S.-based real estate arm, through separate transactions, has acquired a portfolio of eight residential properties in the metropolitan areas of Las Vegas, Denver, Chicago, Atlanta and Dallas for approximately $400 million. These transactions take the firm's total real estate acquisitions for the last 12 months past $1 billion, marking the continuation of a highly active period of investment for Investcorp's real estate group. All eight properties are well-occupied rental properties situated in major and growing U.S. markets, demonstrating solid...