Georgia
Berkadia Secures $18M of JV Equity to Acquire $34M Multifam near Atlanta
Berkadia has secured a JV equity partner for the off-market acquisition of Wildcreek Apartments, a 242-unit Class B apartment community… Read more
St. Clair Holdings Grabs Bungalows for $73M
The Bungalows on Estrella, a 183-unit garden-style multifamily property in Goodyear, AZ, recently sold for $73.2 million. The buyer was… Read more
ASB Real Estate Investments Buys Fully Leased, 1M-SF Savannah Logistics Center
Cushman & Wakefield has arranged the sale of the Savannah Logistics Center, an industrial portfolio located near Savannah in Bloomingdale,… Read more
ECI Group Sells Two Atlanta-Area Apartment Communities for $125M
ECI Group has sold two apartment communities — The Columns at Sweetwater Creek with 270 units in Lithia Springs, GA… Read more
Go Solar Group Signs Titan Solar Power as National Installation Partner
Go Solar Group recently announced its newly inked partnership with Titan Solar Power as its national installation team. Founded in… Read more
Drake Real Estate Exceeds $350M Target with Fourth Fund
Drake Real Estate Partners, a real estate investment and asset manager headquartered in Midtown Manhattan, closed its fourth flagship fund, Drake Real Estate… Read more
Kaplan Residential Sells ‘Generation Atlanta’ to Frankforter Group for $127M
Generation Atlanta, a 336-unit, 17-story multifamily in downtown Atlanta, has been sold by Kaplan Residential to the Frankforter Group for… Read more
Meridian Arranges $73M Ground-Up Financing for Kennesaw Multifam
Meridian Capital Group has arranged $73 million in ground-up construction financing for a multifamily development in Kennesaw, GA. The non-recourse,… Read more
CushWake Arranges $396M Sale of 5-Park Georgia
Cushman & Wakefield has arranged the $395.5 million sale of the McDonald Southeast U.S. Industrial Portfolio, a collection of 14… Read more
Atlanta’s ShareMD Buys Three Healthcare Facilities for $46M
Alpharetta, GA-based ShareMD, a healthcare real estate and physician practice solution company, has closed escrow on three healthcare facilities for… Read more
Ares Expands Industrial Footprint by 12M SF
Funds managed by Ares Management’s Ares Real Estate Group have closed on the acquisition of two portfolios consisting of 75 industrial properties… Read more
CIM Group Provides $72M for Expansion of Cinelease Complex in Covington
A CIM Group-managed fund has closed a $72-million loan to a joint venture between Woodvale and Timber Hill. The loan… Read more
Blackstone Taking Bluerock Residential Private in All-Cash Deal
Blackstone Real Estate will take Bluerock Residential Growth REIT private in an all-cash transaction valued at $3.6 billion, the two companies… Read more
First National Acquires Crowe’s Crossing Retail Center in Stone Mountain
First National Realty Partners has purchased Crowe’s Crossing, a grocery-anchored shopping center 12 miles east of downtown Atlanta in Stone… Read more
NAI Legacy Completes Syndication of $43M DST Portfolio
NAI Legacy has fully subscribed the $42.5-million Essential Net Leased Midwest DST offering. As a sponsor of the DST, Minneapolis-based NAI Legacy helped 50 1031 Exchange investors from 18 states:… Read more
JV to Develop 294-Unit Multifam with Retail in Atlanta’s Sugar Hill
A joint venture of PCCP, LLC, and Terwilliger Pappas will develop Solis Sugar Hill, a new 294-unit Class A apartment… Read more
Law Firm Commits to Full-Floor Sublease at 275 Madison Ave.
Law firm Hawkins Parnell & Young LLP has committed to a 13,541-square-foot office lease at 275 Madison Ave. The firm,… Read more
Transwestern Arranges Atlanta Lease for First Global Health Innovation District
Transwestern Real Estate Services has arranged a 17-year, 200,000-square-foot lease on behalf of The Center for Global Health Innovation at… Read more
Lument Provides $18M Bridge Loan to Refinance Atlanta Multifam
Lument has closed a $17.5-million proprietary bridge loan to refinance The Peach, a recently renovated 68-unit high-rise apartment community in Atlanta. Lument’s bridge… Read more