Bicoastal Multifamily and Senior Living Portfolio Acquired by Investcorp | Real Estate Services M&A Deal

Investcorp has acquired Bicoastal Multifamily and Senior Living Portfolio, a real estate services other business in the U.S., for $200M. The Bicoastal Multifamily and Senior Living Portfolio acquisition expands Investcorp’s platform in multifamily and senior living real estate services, supporting income-focused operations across residential and healthcare-adjacent housing. Investcorp acquisitions in this segment typically target value-add opportunities through asset management, tenant demand, and operational improvements in communities located in key U.S. markets. The platform acquisition is categorized as private equity acquisition and real estate services M&A, with the deal announced and sized at over $100M, reflecting a $200 million portfolio purchase.