Deals - Atlanta
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Praxis Lands 1st Atlanta Asset
The San Francisco-based company entered acquired the 198-unit Birch Run Apartments in Clarkston, Ga. The property will soon undergo a $3 million renovation process.
23 August 2017 22:53 -
RADCO Expands GA Footprint With 38th Acquisition
The Atlanta-based developer acquired Ashford 6860, a 260-unit property in Norcross. The $22 million deal marks the company’s eighth purchase in the Gwinnett County submarket.
18 August 2017 11:26 -
Covenant Sells 272-Unit Atlanta Asset for $32M
The deal continues the Atlanta market momentum for Covenant Capital Group, following the company’s sale of the 500-unit Viera Briarcliff in June for $76 million. Mike Kemether and Travis Presnell of Cushman & Wakefield worked on behalf of StoneBridge Investments, the seller, while Elliott Throne, Gregg Shapiro and Ware Shipman of HFF secured acquisition financing.
03 August 2017 18:22 -
ARA Newmark Brokers 882-Unit Atlanta Community Sale
Managing Director Chad DeFoor represented the sellers of the three-building portfolio, affiliates of Oz Real Estate and CF Real Estate Services. The buyer was Balfour Beatty Communities.
01 August 2017 15:43 -
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.
31 July 2017 18:17 -
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.
18 July 2017 13:39 -
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.
11 July 2017 09:24 -
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.
06 July 2017 14:41 -
Balfour Beatty Snags Suburban Atlanta Assets
The Evergreen portfolio consists of three gated communities that will undergo a series of capital improvements, including exterior and interior upgrades.
23 June 2017 13:03 -
Georgia Apartment Community Sells for $28M
Cushman & Wakefield’s Robert Stickel worked on behalf of the seller, H. Katz Capital Group Inc., in the disposition of the property.
23 June 2017 09:38 -
5 Cap Launches Investment Program with $60M Buy
The acquisitions are in line with the new national investment venture's strategy to pump more than $1 billion into assets under management, focusing on purchasing and operating value-add residential properties.
21 June 2017 16:11 -
Olympus Grows Southeast Footprint with GA Purchase
The asset is located in the highly sought-after Savannah Quarters submarket, offering access to retail, shopping and dining, as well as proximity to employers to employers such as Gulfstream Aerospace Corp..
05 May 2017 12:20 -
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.
05 May 2017 09:54 -
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.
11 April 2017 14:34 -
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.
07 April 2017 09:29