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Atlanta & Southeast  + Apartments  |  July 25, 2019
David Cohen
By: David Cohen

Asden Properties Acquires Atlanta MF Portfolio for $34M

New York City-based Asden Properties has acquired a two-property multifamily portfolio in metro Atlanta for $33.5 million.

The properties include Ashford Oaks, a 260-unit garden-style community in Union City, which sold for $22.7 million, and Ashford Town and Country, a 132-unit garden-style community in Fairburn, which sold for $10.8 million. Ashford Oaks features a fitness center, swimming pool, sundeck playground and grilling area. Ashford Town and Country features a swimming pool, business center and playground.

Paul Vetter, Andrew Mays, Judy MacManus and Matthew White of Berkadia’s Atlanta office represented the seller, Benimax, in the transaction.

For comments, questions or concerns, please contact David Cohen

Read More News Stories About: Berkadia
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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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