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Atlanta & Southeast  + Atlanta  + Apartments  | 
Infinity RE Impact has acquired a 12-property affordable housing portfolio with $87.8 million in acquisition financing secured by Berkadia.

Infinity RE Impact Acquires Affordable-Multifamily Portfolio with $89M Secured by Berkadia

Atlanta, GA-based Infinity RE Impact has acquired an affordable housing portfolio consisting of 12 properties in GA and one in SC utilizing $87.8 million in acquisition financing secured by Jeff Lawrence of Berkadia.

“2022 has been a challenging year to acquire multifamily properties,” said Greg Jones, CIO for Infinity. “Proper financing in such a volatile market is critical, and Berkadia was an incredible partner all the way to the close. I could not be more appreciative of everyone involved. We have a lot of plans for this portfolio and look forward to watching the Infinity team execute our mission to enhance the lives of the residents in our communities.”

The two-year bridge loan was financed through Berkadia.

The 13 properties in the portfolio include:

  • Lake Forest Apartments, 1360 Otilia Drive in Gainesville, GA, 118 units
  • Forest Creek at Moultrie Apartments at 409 Martin Luther King Jr. Drive in Moultrie, GA, 80 units
  • Lakeview Apartments at 1210 Stewart Street in Carrollton, GA, 98 units
  • Rolling Ridge Apartments at 100 Rolling Ridge Drive in Athens, GA, 160 units
  • Shenandoah Forest Apartments at 8 Forest Circle in Newnan, Georgia, 100 units
  • Sunny Brook Apartments at 1300 Mineral Springs Road in Elberton, GA, 130 units
  • Briarwood Apartments is located at 1201 S 1st St. in Jesup, GA, 90 units
  • Indian Oaks at 1103 E Church St. in Fort Valley, GA, 150 units
  • Shadowood at 2506 Lumpkin Road in Augusta, GA, 78 units
  • The Cliffs at 826 Shugart Road in Dalton, GA, 120 units
  • Georgian Woods at 120 McNeil Drive in Douglas, GA, 66 units
  • Riverbend at 441 E McIntosh St. in Milledgeville, GA, 75 units
  • Crestview Village at 908 Crestview Road in Easley, SC, 76 units

Photo: Lake Forest Apartments

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Inside The Story

Infinity RE Impacts' Jones

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

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