Atlanta
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.
Blue Magma Acquires 3 Atlanta-Area Properties
The company, together with Rosdev Group, secured the 918-unit portfolio for $44.4 million and plans to renovate the communities.
Zavala Capital Expands Atlanta Footprint
Jake Reid and Roger Schoerner of Franklin Street Real Estate acted on behalf of the seller in the $9.7 million transaction.
The Related Group Unveils Atlanta High Rise
Icon Midtown, the company’s third completed Icon tower this year, includes 390 units and an amenity deck that features a pool and a game area.
Atlanta Asset Trades For $58M
Broadtree Residential acquired Stone Ridge at Vinings, a 440-unit community that includes a business center, a clubhouse and tennis courts.
Resource Real Estate Grabs Atlanta Property
The 324-unit asset, situated in the city’s northwestern suburbs, includes a mix of one- to three-bedroom apartments across nine buildings.
Arcan Capital Picks Up Atlanta-Area Apartments
The 102-unit community, situated approximately 14 miles from Atlanta’s urban core, will undergo more than $2 million in renovations.
Sage Equities Lands Atlanta Refi
Grandbridge Real Estate Capital’s Alan Tapie originated the nonrecourse refinancing package of more than $25 million, which will enable the owner to implement energy and water efficiency measures.
Atlantic | Pacific Expands in Atlanta With $36M Buy
The company used its Blue Atlantic Partners II investment fund to acquire the 240-unit asset, and it plans to renovate the property.
On the Market: 5 Interesting Listings for the Week of 3/12
This week’s listings include a newly constructed asset in Culver City, Calif., which includes ground-floor retail, as well as a community in southern Dallas near the booming I-45 industrial sector.