Atlanta
TODAY’S DEALS: Atlanta is Hot, Boston Capital Knows It
Boston Capital buys 294 units from MTS in a JLL-brokered sale; ARA completes an 80-unit sale in Fort Worth; and NorthMarq arranges a $28.5 million refinancing for a California community.
Westin Atlanta Perimeter North is Back in Business after Full-Scale Transformation
Westin Atlanta Perimeter North underwent a multi-million dollar renovation and is now fully operational again, according to Marcus Hotels & Resorts, a division of The Marcus Corporation.
Behringer Harvard Begins Luxury Apartments in Atlanta’s Buckhead
Behringer Harvard and Atlantic Realty Partners begin Cyan, a 23-story apartment tower in Atlanta’s Buckhead submarket.
Trade Street to Acquire Pair of Luxury Apartment Properties
Trade Street Residential has announced that it plans to acquire two newly-built apartment communities with a combined 502 units. One asset is in Raleigh, N.C., the other is in suburban Atlanta.
CBRE Global Investors Buys 330-Unit Apartment Complex in Atlanta from Equity Residential
CBRE Global Investors has boosted its Atlanta multifamily portfolio with the purchase of Alexander on Ponce, a 330-unit apartment complex in the city’s Midtown submarket, from Equity Residential.
TODAY’S DEALS: Equity Residential Sells Atlanta Apartment to CBRE Global Investors
JLL brokers Equity Residential’s sale of an Atlanta apartment community; Greystone closes a $60.5 million bridge loan in Georgia; and NorthMarq Capital provides refinance loans totaling $17.4 million for two apartments in Minnesota.
The Aspen Cos. Purchases Three Affordable Assets in Georgia
New Jersey-based The Aspen Cos. has picked up a trio of affordable housing communities for slightly more than $9 million. The move adds more than 300 units to its expanding portfolio in the Southeast.
Atlantic | Pacific Cos. Acquires Pair of Atlanta Communities
Atlantic | Pacific Cos. augments its already extensive Atlanta portfolio with the acquisition of 518 units in the city’s central core.
Carroll Organization Acquires Jacksonville Luxury Apartment Property
Carroll Organization is bullish on Jacksonville, Fla., and gives MHN details on its third acquisition in the city since the beginning of 2013.