Atlanta
Latch’s Smart Access Devices Expand Footprint
By mid-2019, UPS drivers in 10 additional cities will be able to enter multifamily communities and drop off packages in lobbies or package rooms.
Fogelman JV Acquires Atlanta Apartments for $45M
The 334-unit garden-style community last changed hands in August 2016, when Mesa Capital Partners sold the asset for more than $29 million.
Suburban Atlanta Property Receives $20M Financing
Pembrook Capital Management closed on the loan package, which will help preserve the affordability of all 294 units at Shannon Lake Apartments.
Southern Portfolio Secures $11M Financing
The communities, totaling 280 units in Oklahoma, Tennessee and Georgia, received Freddie Mac and Fannie Mae funding through Arbor Realty Trust.
TWG Development Purchases Atlanta Apartments for $29M
Merchants Bank of Indiana provided the buyer with nearly $30 million in acquisition and development financing. The short-term bridge loan matures in June.
Terwilliger Pappas Sells Atlanta Asset for $75M
The 303-unit luxury community welcomed its first residents in 2018. The developer financed construction of the property with more than $40 million from Synovus Bank.
Berkshire Property Holdings Adds GA, Texas Assets
The investment firm acquired two multifamily communities totaling a combined 631 units in College Park, Ga., and El Paso, Texas.
Upscale Atlanta Senior Housing Project Receives Financing
SunTrust Bank provided $86 million in financing for a new luxury senior housing property that is being developed by Village Park Senior Living.
Greystar Acquires Atlanta Community for $60M
Balfour Beatty earned a 30 percent return on the 437-unit multifamily asset, which it purchased from Resource Real Estate in 2016.
Audubon JV Acquires Atlanta Apartments
The 250-unit Class B community fetched a $25 million price tag, with Walker & Dunlop securing acquisition financing for the buyer.