Multi-Housing News Morgan Properties has bought the 260-unit Corwyn South Point Apartments in McDonough, Ga. The Conshohocken, Pa., multifamily investment and management firm purchased the three-story property from its developer, ECI Group of Atlanta, in a deal brokered by Newmark. ...
ARC Multifamily Group has paid $52.38 million, or $158,683/unit, for The Preston, a 334-unit apartment property in the Atlanta suburb of McDonough, Ga. The Atlanta investment manager bought the property, constructed in two phases in 2001 and 2003 at 100 ...
Commercial Real Estate Direct Staff Report ARC Multifamily Group has paid $52.38 million, or $158,683/unit, for The Preston, a 334-unit apartment property in the Atlanta suburb of McDonough, Ga. The Atlanta investment manager bought the property, constructed in two phases ...
Equus Capital Partners Ltd. has paid $63.3 million, or $277,632/unit, for the 228-unit Carmel Vista Apartments in the Atlanta suburb of McDonough, Ga. The Philadelphia investment manager bought the property from a group led by Vista Realty Partners, an Atlanta ...
Chandler Residential has paid $80 million, or $160,000/unit, for the 500-unit Colton Creek apartment complex in McDonough, Ga., about 30 miles southeast of Atlanta. The Newport News, Va., company bought the property from Fairfield Residential of San Diego, which had acquired ...
It is encumbered by a $35.3 million Fannie Mae mortgage that is securitized through FNA, 2018-M15. The loan pays a 3.63 percent coupon and matures in November 2026. It is not open to prepayment until May 2026, but it can ...
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