An Affiliate of Walton Street Acquires Quattro, a 95-Unit Multifamily Community in Salt Lake City, UT
Retrieved on:
Thursday, October 21, 2021
Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Urban Planning, REIT, Quality of life, Housing, Property, Industry, TRAX, L.L.C, Partnership, Walton Street Capital, Salt Lake, Senior, Vivint Arena, Salt Palace, Investment, Walton Street, Multimedia, Quattro, Solution, Acquisition, Skiing, Temple Square, City Creek Center, Population, UTA, Community, Commercial property, Nightclub, Walton Street Capital, L.L.C., ETHOS Real Estate:, WALTON STREET CAPITAL, L.L.C., ETHOS REAL ESTATE:
(Walton Street) announced that it has acquired a 95-unit boutique apartment community located at 385 South 400 East in Downtown Salt Lake City, UT (Quattro or the Property).
Key Points:
- (Walton Street) announced that it has acquired a 95-unit boutique apartment community located at 385 South 400 East in Downtown Salt Lake City, UT (Quattro or the Property).
- Quattro was acquired in a partnership with ETHOS Real Estate, a real estate operating platform with a long track record of developing and investing in multifamily housing in the Western U.S.
- We have been strong believers in the Salt Lake MSA for several years and are excited to add to our existing investments in the market.
- Quattro represented an attractive opportunity to acquire a well-leased, high-quality asset in an infill location within Salt Lake Citys urban core, said Robert Bloom, Managing Principal at Walton Street.