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Atlanta & Southeast  + Apartments  |  December 10, 2020
David Cohen
By: David Cohen

Berkadia Arranges $25M Sale of Two MF Properties in LaGrange

Berkadia has arranged the sale of Cameron Crossing and Laurel Crossing, two multifamily properties in LaGrange, GA totaling 264 units. The combined sales price was $25.3 million.

Cameron Crossing is located at 1600 Meadow Terrace and was built in 1987 and features 132 garden-style units while Laurel Crossing is located at 1700 Park Place and was built in 1988 and features 132 garden-style units. Both properties are located near Great Wolf Lodge. At the time of the sale the properties were 99% occupied.

Paul Vetter, Andrew Mays, Judy MacManus and Matthew White of Berkadia’s Atlanta office represented the seller, New Jersey-based The Walden Group, in the transaction. The buyer was Texas-based Aim Next Realty. The deal closed November 19.

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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