Multifamily news in Atlanta
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Atlanta Tower’s Act 3: Senior Housing
Originally a hotel, later a condominium community, Presidential Tower is about to start a third life as senior housing. Peacock Partnership acquired the property after five years of negotiations.
08 June 2018 06:40 -
Titan, Investcorp Trade Atlanta Community
ECI Group acquired the 410-unit asset located in the city’s West Chamblee submarket. The property offers one- to three-bedroom apartments ranging from 950 to 1,435 square feet.
06 June 2018 13:24 -
Suburban Atlanta Senior Community Changes Hands
Village Park Senior Living has sold the 127-unit Village Park at Alpharetta, a newly constructed property offering independent and assisted living as well as memory care units.
31 May 2018 14:25 -
Greystone Brown Facilitates $35M Atlanta-Area Transaction
Pennington Pointe, located in Marietta, Ga., previously traded in 2016 for $27.6 million, a sale which was subject to a $22 million Fannie Mae loan, due 2023.
30 May 2018 18:42 -
2 GA Student Housing Assets Receive $30M Recap Loan
The properties operate as one community, total 366 units and serve students attending the University of Georgia, which is located three miles away.
23 May 2018 12:43 -
Kaplan Taps Prescient for 336-Unit Atlanta Tower
Prescient's Digital Thread technology will be used to efficiently deliver the belated project. The BIM system is expected to cut development costs, risks and deliver a superior product.
22 May 2018 13:34 -
Crown Bay Group Grows Atlanta Portfolio
The company acquired two properties in different suburbs of the metro. Plans to rehabilitate the 1970-built properties are underway, featuring unit improvements and amenity upgrades.
22 May 2018 05:59 -
Audubon Completes Renovations of 2 GA Assets
The multifamily communities, located in the northeast Atlanta suburb of Decatur, total 332 units and are 96 percent leased.
18 May 2018 09:46 -
Main Street Residential Acquires $20M GA Property
The 214-unit View 75 in Marietta will be rebranded under the company's Signature name and undergo a $2 million renovation.
15 May 2018 15:28 -
RADCO Trades Atlanta Property for $24M
Strategic Holdings financed the acquisition of the 161-unit property with a $19.9 million Freddie Mac loan.
11 May 2018 23:22 -
Dominium Lands Refi for Atlanta Multifamily Property
The 128-unit fully affordable community sits 20 miles west of the city and offers a mix of two- and three-bedroom apartments.
09 May 2018 13:00 -
JV Lands $110M for GA Community
Mesa West Capital provided the five-year, floating-rate loan to KKR and Carter-Haston for the off-market acquisition and stabilization of Juncture, a 560-unit property in Alpharetta.
02 May 2018 14:17 -
InterCapital Group Snags Suburban Atlanta Asset
The buyer purchased the 230-unit property using nearly $23 million in Fannie Mae acquisition financing originated by Greystone.
30 April 2018 17:22 -
Audubon Completes GA Community Upgrades
The 232-unit property, constructed in 2004, sits 30 miles southeast of Atlanta and includes two outdoor kitchens and 350 parking spaces.
27 April 2018 16:38 -
Maintaining Momentum in Atlanta
The metro’s economic growth and positive demographics support apartment demand, even at a time when inventory expansion is rapid, having reached new highs in recent years.
20 April 2018 13:19