Todd Boehly’s Eldridge Acre Partners Seeks to Bet $3 Billion on US Real Estate - Bloomberg
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Todd Boehly’s Eldridge Acre Partners Seeks to Bet $3 Billion on US Real Estate

  • Venture’s CEO sees opportunity in multifamily, student housing
  • AECOM Capital executives will lead the new investment firm
Todd Boehly, chief executive officer of Eldridge Industries.Photographer: Kyle Grillot/Bloomberg
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Todd Boehly’s Eldridge Industries formed a venture with AECOM Capital executives to bet on US commercial real estate.

Boehly’s firm is the majority owner of Eldridge Acre Partners, which anticipates investing about $3 billion across multiple strategies in the next five years, according to people with knowledge of the matter. EAP will manage existing AECOM Capital assets and vehicles, which total more than $1 billion.

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