Atlanta
Pollack Shores Snags GA Community
The firm purchased AMLI Northwinds in Alpharetta, which will be renamed and undergo a $13 million renovation plan to upgrade unit interiors and amenity spaces.
CWS Community in Duluth, GA, Trades for $52M
The seller, CWS Capital Partners, acquired the 323-unit Class A property in Atlanta’s northeast suburbs from Paces Properties in 2013 for $12.2 million.
Walker & Dunlop Earmarks $70M for Southeast Portfolio
The company arranged the funding for Capital Square 1031’s purchase of two properties in Virginia and one in Georgia.
Oak Residential Expands Atlanta Footprint
The purchase of The Celebration at Sandy Springs marks the firm’s sixth investment in the market. NorthMarq Capital arranged $23.5 million of acquisition financing on behalf of the buyer.
Vista Realty Partners Sells Community in Atlanta Burb
Completed in 2017, Northridge Vista Apartments is a 220-unit property in Sandy Springs, Ga. The new owner is New York City-based Hudson Capital Properties.
ARA Acquires 329-Unit Atlanta Luxury Community
The LEED Gold-certified Azure on the Park in Midtown overlooking Piedmont Park offers five designer interior collections and upgraded penthouses.
Wilkinson Grabs Atlanta Multifamily Portfolio
Marquis Investments traded the three Class B communities, which total 456 units in the city’s Brookhaven submarket, for $50 million.
Praxis Expands Atlanta Presence
Crown Bay Group sold the 200-unit Flint River Apartment Homes after purchasing it in November 2016 for $8 million. This deal marks the buyer’s third acquisition in the area over the past year.
Pricier Than It Used to Be in Atlanta
The metro’s average multifamily rent surpassed the $1,200 mark this year, having gained more than $200 since the summer of 2014.
Bridge Investment Crosses Into Atlanta Suburbs
The firm purchased the 680-unit Class B community in the metro’s Cumberland/Galleria submarket from Castlegate Properties, which acquired the asset in 2016.