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Stoneweg US Furthers Sustainable Investment Strategy Through Acquisition of Alliance & Carlyle’s Prose Frontier Development in Rapidly Growing Collin County, Texas

Stoneweg US Strengthens ESG-Optimized Investment Portfolio with Acquisition of Prosper Crossings

ST. PETERSBURG, Fla., Dec. 7, 2023 /PRNewswire/ — Stoneweg U.S., LLC (“Stoneweg US”), a real estate investment and development firm focused on ESG optimization in the workforce housing sector, and with a growing portfolio valued at $2.1 Billion AUM, is thrilled to announce the acquisition of Prose Frontier, soon to be rebranded as Prosper Crossings. This 324-unit core plus multifamily asset aligns perfectly with Stoneweg US’ commitment to driving impactful, responsible investments and fostering sustainable communities.