Notes from https://www.wsj.com/real-estate/kkr-makes-its-biggest-foray-into-apartments-betting-on-rising-rents-94213297?mod=hp_lead_pos5

• KKR bought \$2.1 billion of apartment buildings
  • 5,200 aparment units
  • 18 new mid- and high-rise buildings
  • from Quarterra, the apartment development arm of the home builder Lennar
• In April, Blackstone paid \$10 billion
  • to the landlord Apartment Income REIT
• In May, Brookfield bought 7,000 apartments for \$1.55 billion