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KBS Legacy Partners Hires HFF to Market 11-Property Multifamily Portfolio

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As part of a wider plan to liquidate holdings in some of its REITs, KBS Capital Markets Group has hired HFF to market an 11-property, 3,039-unit multi-housing portfolio to prospective buyers. The 11 complexes were valued at $416.7 million at the end of the first quarter.

HFF is marketing the offering on behalf of KBS Legacy Partners Apartment REIT Inc., a public, non-traded real estate investment trust (REIT) sponsored by KBS Capital Advisors LLC…

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