Atlanta
Cousins Continues $300M Disposition Plan with Atlanta Sale
The company teamed up with Gables Residential to acquire Emory Point I and II, which they now sold for $199 million. The 750-unit community also includes 125,000 square feet of first-floor retail space.
Audubon Communities Brings Market-Rate Apartments in Athens, GA
The company’s $11 million expansion of its exiting property, Westpark Club, will add 108 units and is set for completion during the following year. The development marks the first market-rate apartment community in the Athens area since 2007.
HPI Acquires $23M Atlanta-Area Community
This marks the final acquisition by HPI Real Estate Fund IV, which closed to new investors in December 2016 after purchasing 12 properties totaling 2,616 units.
Peak Campus’ Jennifer Hill Climbs Corporate Ladder
Hill has been with the company since its inception, having served as senior vice president. In her new position, she will be responsible for all staff operations and oversee all legal matters.
Robbins Electra Snags Atlanta-Area Portfolio
The 920-unit, three-property portfolio includes Marbella Place in Stockbridge, The Parke at Oakley in Fairburn and Belle Vista in Lithonia.
Robbins Electra Closes Third Atlanta Purchase
The company purchased Oakley Park, a 240-unit residential community for $28.4 million, considerably more than when it last changed hands in 2014.
URS Capital Partners Nabs Distressed Apartment Community
The company plans to invest $4 million in the property’s renovation, crucial to an extensive rebranding process that will include renaming the community as The Flats at East Atlanta.
Preferred Closed the Sale on 2 Communities Totaling $114M
The properties, located in Kansas City, Kan., and Atlanta, have an annualized return of 19.1 percent.
YOO on the Park Opens in Atlanta, Welcomes First Residents
The Trillist Cos. has developed a premier luxury apartment community that encompasses 245 units.
Greystone Brown Real Estate Brokers Sale of Atlanta Community
The buyer acquired the property for $6.1 million and plans to invest $10,000 per unit in renovations.