LivCor is a multifamily asset management company formed in 2013 as a portfolio company of Blackstone. The company operates as one of the United States' leading multifamily housing firms, owning and managing over 400 Class A and B apartment properties comprising more than 150,000 residential units across markets nationwide. LivCor follows a vertically integrated operational model, utilizing direct asset management, revenue management, construction oversight, and leasing operations to optimize property performance. The firm partners with property management companies while maintaining active capital expenditure programs focused on property improvements and resident experience enhancement. In August 2022, Blackstone completed the acquisition of American Campus Communities for approximately $12.8 billion, including debt assumption. This transaction brought 166 student housing properties containing approximately 111,900 beds into Blackstone's portfolio, which was subsequently integrated into LivCor's operations, expanding the company's footprint in the student housing sector. LivCor's investment approach centers on providing high-quality multifamily housing while emphasizing operational excellence and sustainable practices. The company was named a 2023 ENERGY STAR Partner of the Year by the EPA, reflecting its approach to energy-efficient property management. Recent portfolio activity includes dispositions as part of ongoing portfolio optimization. In April 2025, LivCor sold Arches at Hidden Creek, a 432-unit property in Chandler, Arizona, to Brookfield Properties for $95.5 million. In November 2024, the company sold Horizon at Miramar, a 349-unit property in Florida, to Bell Partners for $121.3 million.