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Corebridge Real Estate Investors (CREI) has announced the recapitalization of a joint venture with a gross asset value of $670 million. The portfolio consists of six class A apartment buildings, totaling 1,990 units with a 95 percent occupancy rate. The new institutional investor, CBRE Investment Management (CBRE IM), will hold a 44.5 percent stake alongside CREI in these premier properties located in Boston, Denver, Los Angeles, Orlando, Fla., St. Louis, and Tampa, Fla.