Atlanta
TerraCap Buys Suburban ATL Portfolio for $116M
The 1,100-unit portfolio is comprised of four assets situated in Atlanta’s northern suburbs. CBRE facilitated TerraCap’s acquisition by arranging a four-year loan provided by Principal Real Estate Investors.
Comunidad Realty Buys $55M Atlanta Assets
The two Norcross communities total 687 units and are located near the I-85 corridor. Both assets were subject to permanent Fannie Mae loans.
CBRE Arranges Sale of Suburban Atlanta Community
Laurel Hills Preserve is located at 1955 N.E. Bells Ferry Road, in Marietta, Ga. The property is currently 98.3 percent occupied and is situated near two interstates.
Audubon Redevelops, Sells 3 Atlanta Properties
The company invested nearly $23 million in upgrades to the properties and sold the portfolio for $77 million. Cushman & Wakefield represented Audubon in the transaction.
Origin Buys Upscale Community in Atlanta
The apartment community is located in Atlanta’s busy Poncey-Highland neighborhood and features 20,000 square feet of ground-floor retail. The company plans to add more units and an office, on the adjacent land parcel.
Maryland Investor Acquires Atlanta Apartments
Preferred Apartment Communities has secured Aldridge at Town Village, a 300-unit community in Marietta, Ga., that was built in 2016.
Audubon Communities Welcomes New VP of Construction
Josh Boling will oversee all pre-and post-acquisition construction planning and management for the firm. Prior to joining the company, he served at Fairway Construction and Cortland Partners.
Hanover Unveils Atlanta Luxury Apartment Community
The Hanover Company is preparing to open the doors of its upscale apartment community, a 20-story building that will also feature 12,500 square feet of ground-floor retail space.
Blackmount Picks Up Suburban Atlanta Community
The transaction marks Blackmount Real Estate Partners’ first acquisition in the Atlanta metro area. CBRE worked on behalf of the seller.
Covenant Grabs Atlanta Multifamily Portfolio
CBRE Vice Chairman Kevin Geiger worked on behalf of the sellers in the transaction, a joint venture partnership between The Family Office and Titan Real Estate Investment Group.