Atlanta
Gainesville Community Trades for $22M
Audubon Communities purchased a 292-unit residential asset that will operate as Peaks at Gainesville. The company also revealed an almost $3 million refurbishment plan.
CGI Strategies Sells Atlanta Mixed-Use
City Walk, which includes a multifamily and a retail component, was acquired by two buyers. FPA Multifamily bought the residential section and a joint venture purchased the retail.
Solid Fundamentals, Positive Momentum in Atlanta
The city has become an economic powerhouse in recent years. It is currently one of the fastest-growing metro areas in the nation.
Sunshine Management Lands $34M Atlanta-Area Community
Sunshine Management acquired the 260-unit property from Fortress Investment Group. The sale was subject to a $25.4 million Fannie Mae loan.
6 Insights from the NAA Education Conference
Grooming the next generation of property managers, answering the data needs of owners and residents and combatting the nation’s affordability problem were top-of-mind issues at the apartment industry meeting.
6 Innovative Products from the NAA Education Conference
Some of the most interesting products included an augmented reality interior design app, a smart shower system and pet-friendly carpeting.
Napali Nabs Atlanta-Area Community
The deal is in line with the company’s long-term plan to grow its portfolio and strengthen its focus on creating passive income streams for its investors.
Berkadia Facilitates Atlanta-Area Sale
The company brokered the sale of a 102-unit community which includes an array of state-of-the-art amenities. The property traded for $15.2 million.
Top 10 Apartment Owners in Atlanta
The area’s healthy economy and broad-based job and population growth are fostering demand for rentals and attracting developers and investors. This list highlights the metro’s top private, REIT and institutional owners, based on unit counts, according to Yardi Matrix data.
Network Safety: Experts Weigh In
At NAA’s recent conference in Atlanta, panelists shared best practices for keeping vital network information safe from attack.