Atlanta
Millennials Drive the Bus in Lifestyle Renting
The number of higher-income Millennials who are renting instead of buying a home is on the rise, says RentCafe. In fact, this… Read more
JLL Arranges $690M Financing on BREIT Industrial Portfolio
A Dallas-based JLL Capital Markets team arranged a $690-million financing on behalf of Blackstone Real Estate Income Trust for a portfolio of… Read more
Atlanta’s Campus 244 Locks in Marriott Bonvoy Boutique Hotel
Campus 244, a redevelopment in Atlanta’s Central Perimeter submarket (Dunwoody), is off and running with the inking of a 145-key… Read more
Westmount Acquires 12-Building, 264K-SF Industrial Portfolio in Atlanta
Westmount Realty Capital, LLC, has purchased a 12-building, 264,029-square-foot infill industrial portfolio in the Atlanta surrounds of Norcross, GA. Financials… Read more
Origin Investments, Kaplan Residential Join Forces for $76M Multifamily in Charlotte
Atlanta-based Origin Investments and Kaplan Residential have formed a partnership to develop a 322-unit rental apartment and townhome community in… Read more
Office Demand Ticks Up as Signed Leases Tick Down in Major U.S. Markets
Many top U.S. office markets showed improved demand for new office leasing during October, CBRE reported Tuesday. However, the other two leading… Read more
The Channel Club Apartment Tower in Tampa Changes Ownership for $136M
The Channel Club, a 22-story apartment community in Tampa, FL, has exchanged ownership for $136 million. The seller of the… Read more
Atlanta Real Estate Veterans Launch The Atlantic Companies
Jim Meyer, managing partner of Atlantic Capital Properties, and Mack Reese, managing partner of Gateway Ventures Real Estate, have formed… Read more
$120M: Price Tag for 1M-SF Distribution Facility in Greenville-Spartanburg
CRG has disposed of The Cubes at Inland 85 – Building C, a 1.4-million-square-foot, Class A distribution facility in Greer,… Read more
Duo of Property Tax Experts Added to CBRE Atlanta
Bryan Frey and Jason Harwood have joined CBRE’s valuation and advisory services team as directors to provide property tax consulting… Read more
Highwoods Properties Releases Two Atlanta Office Buildings for $67M
Highwoods Properties, Inc., has sold two Atlanta office buildings for a combined $68.6 million The asset at 5405 Windward Parkway… Read more
RESICAP, Rockpoint Venture Aims to Acquire Additional $2.5B of SFRs
Atlanta, GA-based single-family rental services firm RESICAP and real estate private equity firm Rockpoint Group have committed to a series… Read more
Savannah Multifamily Changes Ownership for $29M
Sterling Bluff, a 216-unit apartment community in Savannah, GA, has been acquired by PIA Residential of Miami, FL, for $29… Read more
Bill Sexton Named Global CEO of Trimont Global Real Estate Advisors
Trimont Global Real Estate Advisors, LLC, has appointed Bill Sexton as CEO of Trimont’s global business. Sexton will relocate from… Read more
CBRE Fund Closes $37M Loan for 236-Unit Atlanta Multifamily
A fund sponsored by CBRE Investment Management has closed on a $37.2 million mortgage loan to facilitate TerraCap Management’s acquisition… Read more
PGIM Chips in $85M Loan for 140-Building Industrial Portfolio
PGIM Real Estate recently provided an $85 million supplemental loan on behalf of its U.S. core strategy to DRA Advisors… Read more
Atlanta-Area Multifamily Hits Record Mark for Per-Unit Price: Seller
Atlanta-based Vista Realty Partners has completed the $63 million sale of Carmel Vista Apartments in McDonough, GA, to Equus Capital… Read more
Demand Drives Above-List Closings at Midtown Atlanta’s New 40 West 12th Condos
A New York-inspired luxury condo in Midtown Atlanta has begun closing on individual units, with buyer demand pushing prices above… Read more
FCP Invests Nearly $300M across Six Multifamily Properties in Atlanta
FCP has acquired six Atlanta-area apartment communities totaling 1,975 units for $287 million. The firm assumed five loans in conjunction… Read more