Atlanta Business Chronicle An affiliate of Mesirow has paid $132 million, or $412,500/unit, for the 320-unit Sixty 11th Apartments in Midtown Atlanta. The Chicago investment manager purchased the 20-story building through its Mesirow Financial Real Estate Value Fund V. An ...
UAC Investments II LLC has paid $15.6 million, or $100,000/unit, for Avondale Reserve Apartment Homes, a 156‑unit complex in Avondale Estates, Ga., about nine miles east of Atlanta. The Charlotte, N.C., company purchased the property from an affiliate of S&S ...
The Plymouth, Minn., affordable-housing developer purchased the active-adult property from Sweetwater Community Associates, a Los Angeles company that had acquired it in 2019 for $17.6 million. The property serves as collateral for a $12.03 million loan that's securitized through FREMF, ...
The purchase price was not disclosed, but the property was assessed most recently at a value of $120.4 million.
Atlanta Business Chronicle Sterling Organization has paid $93.2 million, or $342.66/sf, for Merchants Walk, a 271,992-square-foot retail property in Marietta, Ga. The West Palm Beach, Fla., investor acquired the shopping center through its Sterling Value Add Partners IV fund. Edens ...
Atlanta Business Chronicle Key Real Estate Co. has paid $101 million, or $347,079/unit, for Porter Brookhaven, a 291-unit apartment property in the Atlanta suburb of Brookhaven, Ga. The New Orleans company purchased the property from its developer, Wood Partners of ...
TriBridge Residential has paid about $30 million, or $162,162/unit, for Collier Trailside, a 185‑unit apartment complex in Atlanta, Ga. The Atlanta investor acquired the property, at 1391 Collier Road, from an affiliate of SYNC Residential of Houston, which had bought ...
Goodwill Industries International has paid $19.75 million, or $179/sf, for the 110,330-square-foot office building at 761 Wheaton St. in Savannah, Ga. The five-story building was purchased from an investor group led by Margaret Bowen of Alpharetta, Ga., which was represented ...
Coro Realty Advisors has paid $16.77 million, or $20,036/unit, for the 837-unit Space Shop self-storage facility at 3000 Delk Road in the Atlanta suburb of Marietta, Ga. The Atlanta real estate investment and management company purchased the climate-controlled facility from Shamrock ...
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