AION Partners, a national real estate company specializing in workforce multifamily housing, has joined forces with Vintage Strategies at Goldman Sachs Alternatives and a global institutional investor to restructure the AION 12 Portfolio. This portfolio consists of 3,962 apartment units spread across 12 stabilized properties in New Jersey, Pennsylvania, Delaware, Maryland and Virginia.
The recapitalization deal is worth nearly $700 million and marks the beginning of a strategic partnership aimed at expanding workforce housing options on the East Coast. The joint venture plans to acquire value-add multifamily properties totaling $1 billion in value and add an additional 4,000-6
