Finance & Investment - Atlanta

Audubon Redevelops, Sells 3 Atlanta Properties
The company invested nearly $23 million in upgrades to the properties and sold the portfolio for $77 million. Cushman & Wakefield represented Audubon in the transaction.
Market Rate
Maryland Investor Acquires Atlanta Apartments
Preferred Apartment Communities has secured Aldridge at Town Village, a 300-unit community in Marietta, Ga., that was built in 2016.
Finance & Investment
Blackmount Picks Up Suburban Atlanta Community
The transaction marks Blackmount Real Estate Partners' first acquisition in the Atlanta metro area. CBRE worked on behalf of the seller.
Market Rate

  • Covenant Grabs Atlanta Multifamily Portfolio

    CBRE Vice Chairman Kevin Geiger worked on behalf of the sellers in the transaction, a joint venture partnership between The Family Office and Titan Real Estate Investment Group.

    02 October 2017 21:35

  • Elite Street Capital Lands Atlanta Apartments

    The company acquired Waterford Point from PointOne Holdings and Biscayne Atlantic. Built in 1989, the 344-unit community is located in Lithia Springs.

    27 September 2017 13:59

  • Greystone Brown Closes Sale of Atlanta Community

    The team of Barden Brown, Chandler Brown and Cory Caroline Sams worked on behalf of seller Alexander Properties Group in the $49 million transaction.

    20 September 2017 17:05

  • Atlanta-Area Community Trades in $47M Deal

    The Reserve at Johns Creek Walk centers on a divided median boulevard, designed to evoke an old downtown with 20th century-style architecture.

    12 September 2017 12:39

  • TSB Capital Cinches Timely Loan for GA Student Housing

    Located adjacent to the University of Georgia, The Mark Athens is a 300-unit, 928-bed community that offers a mix of units ranging from studio to five-bedroom.

    06 September 2017 22:21

  • Napali Acquires 2nd GA Community

    The company purchased Forest Park Manor, a 100-unit property in Forest Park, and plans to rebrand it as Residences at Stonebrook.

    05 September 2017 16:10

  • Dougherty Secures $13M Fannie Mae Loan for GA Asset

    The financing will be used for the acquisition and rehabilitation of Riverstock Apartments, a 172-unit affordable housing property in Woodstock.

    05 September 2017 12:21

  • Q&A with Norman Radow, CEO at RADCO

    Specializing in turning around “diamonds in the rough,” the RADCO founder discusses why Atlanta’s broad-based job and population growth are fostering demand for multifamily assets.

    04 September 2017 16:05

  • 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

  • PPD Holdings Eyes $111M to Build, Refi

    The company received $47 million to refinance a pair of Greater Atlanta communities and awaits final approval of $64 million in construction financing for 464 units in Florida.

    18 August 2017 13:21

  • 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

  • Investment Strategies: Real Estate Gets Hyperlocal

    Real estate is moving from local to hyperlocal as big names in the industry team up with local investors and brokers for their sales expertise. Leadkit’s JJ Imbeaux discusses the trend of “small batch” and “craft” culture and what it means for the real estate industry.

    16 August 2017 14:48

  • RADCO Acquires $41M GA Property

    Called Indian Trail Apartment Homes, the community is a 467-unit, Class B property in Norcross, Ga. The company plans a $10 million renovation.

    10 August 2017 16:20

  • Greystone Taps New Atlanta Managing Director

    Michael Doran, a 20-year commercial real estate veteran, will now focus on originating mid- to large-size transactions for permanent, bridge and construction multifamily debt.

    08 August 2017 08:36

  • 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