Market Rate Housing - Atlanta

  • 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
  • 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
  • PAC to Invest $18M in Atlanta Development

    Preferred Apartment Communities also has the option to purchase the 258-unit property in Lindbergh at a discounted price, following the asset's stabilization.

    03 August 2017 13:42
  • 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
  • Atlanta Communities Score $24M Financing

    The Marquis Brookhaven Portfolio consists of two multifamily communities totaling 344 units. The borrower will be using the loan to refinance one property and purchase the other.

    19 June 2017 08:38
  • 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
  • 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.

    25 April 2017 13:14