Eagle Real Estate Partners, LLC (EREP), an El Segundo-based multifamily investment firm focused on the Western U.S., said Monday it has entered into a strategic, programmatic GP co-investment partnership with TriPost Capital Partners, LLC, a New York-based multi-strategy real estate private equity firm. Under the partnership, TriPost will commit more than $50 million in GP co-investment capital, supporting EREP’s ability to acquire up to $1.5 billion in multifamily assets across the West Coast and other select markets.
The partnership is designed to accelerate EREP’s acquisition strategy across a diverse range of investment profiles, including fully regulated affordable housing, market-rate affordable conversions and market-rate workforce housing investments.
Shahny Lutfeali, managing partner and co-founder of EREP, said, “We see tremendous opportunity in the long-term fundamentals of attainable housing and this strategic partnership will position us to move decisively on a robust pipeline of opportunities that create value for our investors and meaningful impact for the communities we serve.”
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