Connect News Commercial Real Estate news for every market and every facet, every day.
Connect CRE Events Live and virtual events bringing together the best of information and networking.
CRE Industry Events Live industry events.
Connect Creative A full service marketing and PR agency.
Connect Classroom Offering CRE focused continuing education courses on demand.
ApartmentBuildings.com Is a dynamic platform to search for, list and promote multifamily listings nationwide.
Connect Awards View the A-list of commercial real estate & submit nominations.
Connect Media Kit Advertise, Promote, Attend, Create – Work with Connect.
Loantuitive Find the right lender for your loan.
About Connect Meet the team behind the machine and taste a little of the secret sauce.
Connect News

Your source for daily news covering CRE transactions and trends. Stay informed on national, regional and property sector news that matters to your business.

Connect Classroom

Offering on-demand online courses that provide continuing education credits for brokers, attorneys, appraisers and architects. Select from easily accessible video and written courses that cover a variety of CRE topics.

Find Your Course
High-rise commercial buildings

STAY INFORMED

News when you need it. All our Breaking News, right to your inbox.

Sub Markets

Property Sectors

Topics

Atlanta & Southeast News In Your Inbox

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Atlanta & Southeast  + Southeast  + Apartments  |  July 11, 2022
RREAF Holdings has sold Paces at the Estates multifamily community in Opelika, AL.
Lisa McDuffie
By: Lisa McDuffie

RRAEF Holdings Disposes Rare Class A Multifamily in Opelika

Cushman & Wakefield has arranged the sale of Paces at the Estates, a 270-unit multifamily property located in Opelika, AL.

Andrew Brown of Cushman & Wakefield and Brian Savage of Colliers facilitated the transaction. The seller was RREAF Holdings.

“Paces at the Estates is one of the few Class A conventional multifamily properties in the Auburn-Opelika metro area,” said Brown. “The buyer is excited to implement their management strategy in a market with historically high occupancy and growth opportunity,”

Built in 2008 and 2019, Paces at the Estates is within a submarket of the Auburn-Opelika metro area with major job drivers and quality retail nearby. Community amenities include a pool, courtyard with fire pit, gas grilling area, fitness center and gated access.

Connect

Inside The Story

Cushman & Wakefield's Brown

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.
Order Reprints
  • ◦Sale/Acquisition
New call-to-action
New call-to-action