| Singapore's sovereign-wealth fund GIC is among two investors who have bought a 71 percent stake in Denver-based Yes Communities, an owner of manufactured housing estates in the United States, the U.S. firm said. YES is a portfolio company of real estate funds managed by Stockbridge Capital Group.
The deal would lead to consolidation of YES's three home community portfolios into a single entity, whose principal owner and sole general partner would be Yes Communities, a newly formed real estate investment trust, YES said in a statement...............................................Full Article: Source
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