Atlanta
On the Market: 5 Interesting Listings for the Week of 12/5
This week’s listings include a Mediterranean-style town home community and an Indianapolis property located on a 60-acre lake.
CBRE Taps New Vice President in ATL
The company chose multifamily veteran David Wagner due to his extensive background in the industry.
Peak Campus to Manage Atlanta Student Community
The Renaissance consist of 358 units and serves Georgia Southern University.
Mill Creek Readies Midtown Community for Pre-Leasing
Modera by Mill Creek–Midtown broke ground in 2015, and move-ins are slated to begin in March 2017.
Atlanta Residential Community Trades for $75M
PRP acquired Savannah at Park Place and intends to implement a $3.7 million renovation plan at the property.
HFF Secures $34M Loan for Georgia Student Housing Community
The company worked on behalf of owner IMS Development to arrange the 10-year, fixed-rate loan through a national bank.
American Realty Advisors Sheds 816-Unit Southeast Portfolio
The company sold three multifamily communities in Georgia and Tennessee, with a helping hand from HFF.
Emma Capital Nabs $26M Atlanta Apartment Community
The Chelsea Apartments (formerly Steeple Chase) add 306 units to the company’s multifamily portfolio.
Midcap Financial Secures Refi for Georgia Lofts
The company provided a $6.4 million loan to recapitalize the original financing.
Yardi Matrix: Atlanta’s Rapid Growth
Atlanta is in the midst of a substantial growth period. Its diversified economy, highly skilled workforce and relatively affordable housing have boosted the metro’s multifamily market.