Cypress Equity in JV for multifamily, life science projects
Cypress Equity Investments is getting more capital to build out its multifamily and life sciences portfolio through a new joint venture.
The Los Angeles-based firm has formed a JV with Winter Properties with a focus on housing and life sciences, including some combination projects, the firms announced this week. Winter Properties is a branch of New York-based Standard Industries.
Winter Properties will participate in all of Cypress Equity’s future projects, providing capital for development and acquisitions, according to Cypress Equity founder Michael Sorochinsky. Winter Properties contributions to the venture will vary depending on the deal.
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