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Atlanta & Southeast  + Atlanta  + Apartments  |  July 8, 2021
David Cohen
By: David Cohen

CBRE Secures Acquisition Financing for Two-Property Atlanta MF Portfolio

CBRE Capital Markets’ Charlotte Debt & Structured Finance team has secured acquisition financing for a two-property multifamily portfolio in metro Atlanta. The sales price was not disclosed.

The portfolio consists of ARIUM Dunwoody, a 227-unit apartment complex in Atlanta and ARIUM Station 29, a 217-unit multifamily complex in Tucker. ARIUM Dunwoody was originally constructed in 1990 and is located at 10 Gentrys Walk while ARIUM Station 29 was originally constructed in 2002 and is located at 2234 Fuller Way.

CBRE’s Nate Sittema, Kristen Reilley, Grant Harris and Elliott Voreis represented the borrower, a subsidiary of Greystar Real Estate Partners, in the financing. The Carroll Organization provided the financing.

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CBRE’s Sittema

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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  • ◦Sale/Acquisition
  • ◦Financing
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