Apartment Landlord Resource REIT Exploring $2 Billion Sale

Resource REIT Inc., a real estate investment trust that owns suburban apartments across the U.S., is exploring options including a sale, according to people with knowledge of the matter.
The Philadelphia-based REIT is working with an adviser regarding a transaction that could value the landlord at about $2 billion, the people said. Closely held Resource is in the early stages of soliciting interest from potential bidders, one of the people said.
Read here to know more: https://www.bloomberg.com/news/articles/2021-12-06/apartment-landlord-resource-reit-said-to-explore-2-billion-sale