Atlanta
RADCO Sells GA Community for $61M
The property is situated near Atlanta’s Perimeter, and offers residents plenty of shopping, dining and transit options within short distances.
FCP Grabs $45M GA Property
Federal Capital Partners has acquired the 446-unit, garden-style Stratford Ridge in the Atlanta suburb of Marietta. This represents the company’s fifth investment in the area.
CRC Nabs $80M Buckhead Community
Millworks was completed earlier this year and its location facilitates residents’ access to employment opportunities, transit and education. The transaction represents a value-add investment for the company.
Praedium Buys Suburban Atlanta Apartments
Reserve Decatur, a 298-unit property in Decatur, Ga., includes a two-story clubhouse, cyber café, conference room with kitchen area, poolside outdoor kitchen with cabana bar, game lounge and a rooftop entertainment lounge.
FPA Multifamily Acquires Atlanta Community for $30M
Barclay at Dunwoody is a 204-unit apartment community in Dunwoody, Ga. Built in 1990, the community is near Perimeter Mall, which features 6 million square feet of retail.
The Advantages of Hands-On Property Management
Justin Marshall, COO of Fogelman Properties, spoke to MHN about the company’s Atlanta portfolio, as well as what’s in store for 2018.
BRG Acquires $36M Alabama Community
Bluerock Residential Growth REIT Inc. bought a studio, one-, two- and three-bedroom apartment unit. Springs at Greystone is situated in the top-tier suburban district in Birmingham, Ala. The firm plans to renovate the 300-unit building.
$58M Financing Earmarked for Atlanta Portfolio Acquisition
George Smith Partners secured the financing for the 680-unit workforce housing portfolio. The two buildings will undergo a $5.5 million renovation.
Westdale, StreetLights Launch 1st Atlanta Development
Aria Village will include a five-story residential community called The Alastair, along with 30,000 square feet of retail and restaurants.
PAC Invests in 792-Bed Atlanta Asset
Stadium Village had an average rental rate of $2,776 per unit as of September. Preferred Campus Management will manage the business and operations for the joint venture.