A real estate M&A team from Goodwin Procter represents Plano-based Monogram Residential Trust in its pending acquisition by a new fund led by Greystar Real Estate Partners in a deal valued at $3 billion. Jones Day represents Greystar, while Morgan Stanley, Monogram’s financial adviser, turned to Morrison & Foerster.

Monogram is a real estate investment trust with investments in 49 multifamily communities in 10 states, while Greystar, based in Charleston, South Carolina, is the nation’s largest operator of apartments, managing more than 475,000 units.