Greyhill Group adds 337-unit multifamily asset in St. Louis

St. Louis, MO Greyhill Group, a real estate investment firm with approximately $300 million in assets under management across more than 1,500 multifamily units and approximately 2 million s/f of warehouse and industrial space, has acquired Westminster Place Apartments, a 337-unit multifamily community located at 4005 Westminster Place for $38.2 million.

Built during the 1980s–1990s and currently 96% occupied, Westminster Place Apartments is a well-maintained, institutional-scale asset located in a strong St. Louis submarket. The acquisition aligns with Greyhill’s strategy of acquiring durable multifamily properties in stable, growing secondary markets at higher-than-average yields.

The transaction expands Greyhill Group’s geographic footprint into its ninth state and reflects the firm’s continued deployment of capital into assets supporting long-term ownership and consistent operating performance.

“This acquisition reflects our continued focus on well-built, well-located multifamily assets that support long-term ownership,” said Moshe Bloorian. “We are excited to expand into our ninth state with a property that offers both immediate stability and long-term upside. Our plan is to invest responsibly in the community while delivering consistent performance for our investors.”

Greyhill plans to implement targeted upgrades and operational improvements while maintaining the property’s long-term quality. The firm intends to hold the asset over the long term, prioritizing stable cash flow and durable performance.