The RADCO Companies Collects $97M for Two Atlanta-Area Communities
Atlanta, GA-based The RADCO Companies has sold multifamily properties the Crossings at McDonough in McDonough, GA and the Crossings at Eagle’s Landing in Stockbridge, GA, to Viking Capital for $96.5 million.
“With the sale of these assets, RADCO has now completed over 100 deals in the last decade totaling more than $3.3 billion,” said Norman Radow, CEO of The RADCO Companies.
Shea Campbell, Colleen Hendrix and Ashish Cholia of CBRE represented opportunistic real estate developer The RADCO Companies in both transactions with Viking Capital, a multifamily-focused real estate syndication firm.
The Crossings at McDonough sold for $57.3 million. The complex includes 252 units and features a pool with an extended sundeck, poolside BBQ and picnic pavilion, firepit, bark park, fitness center, an internet café, walking trails, car care center, playground and private garages.
The Crossings at Eagles Landing sold for $39.3 million. The pet-friendly property includes 167 apartments plus tennis, basketball, swimming pool, fitness center, internet café, poolside outdoor kitchen and sports field.
Photo: Crossings at McDonough