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January 10, 2018  

New Apartment Shop Nets First Deal

A new investment shop that’s aiming to buy $100 million of apartments this year has closed on its first deal.Aurelie Capital, founded last August by former JLL executive Pavan Malhotra, is initially investing with an unidentified California foundation that has pledged to provide $20 million of equity for investments. The foundation will take majority stakes, and Aurelie will hold small minority stakes and manage the investments.In its first...

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