Georgia
Suburban Atlanta Multifamily Earns 192% Total Return for Investors
Capital Square 1031 has sold the Fairway View Apartments, a 243-unit multifamily community adjacent to the former Northwood Country Club golf… Read more
Harrison Street Adds Six-State Self-Storage Portfolio
Chicago-based Harrison Street has acquired a portfolio of 26 self-storage properties comprised of nearly 2.7 million rentable square feet and 18,765 units across… 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
Penske Expects McCoy Freightliner Acquisition to Generate $200M Annually
Penske Automotive Group Inc. recently acquired McCoy Freightliner, a retailer of medium and heavy-duty commercial trucks, located in Oregon. The… 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
Y-O-Y Industrial Occupancy Gain of 500M SF Sets Record
The U.S. industrial market set new records across multiple key performance indicators, according to Transwestern’s third quarter U.S. industrial market… 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
U.S. Industrial Occupancy Posts Largest Annual Growth on Record
The U.S. industrial market set new records across multiple key performance indicators, according to Transwestern’s third quarter U.S. Industrial Market report. More than 540 million… 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
RREAF Holdings LLC Acquires the TransCoastal 21 Multifamily Portfolio
Multifamily continues to show resilience amid the pandemic, and RREAF Holdings LLC capitalized on that resilience with the recent acquisition… 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
Starwood REIT Acquires 15,460-Unit Apartment Portfolio in Recapitalization Deal
Starwood Real Estate Income Trust (SREIT) said Wednesday it had acquired a multifamily portfolio of 15,460 units across 62 communities from San Diego-based Strata Equity… 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
Morgan Properties Pays $781M for Two Portfolios with Four FL Multifams amid 18 Communities
Morgan Properties has paid $780.5 million for two portfolios encompassing 18 apartment communities and 4,724 units in four Sunbelt states,… Read more