Costa Mesa, CA
(January 13, 2012) - Paul Hastings LLP, a leading global law firm, announced today that the firm represented GI Partners, a leading mid-market private equity firm, in its equity investment in Waypoint Real Estate Group, the nations leading acquirer of distressed, single-family properties.
The initial GI investment will enable Waypoint to acquire more than $250 million in single family rental homes and launch a national expansion. With follow-on funding from GI, Waypoint anticipates being able to ultimately support the acquisition of more than $1 billion in single-family rental homes over the next two years.
Private equity partner William Simpson
led the Paul Hastings team, which also included associate Jason Rednour
. Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.