SEPTEMBER CLOSES WITH 2 MULTI-PROPERTY ATLANTA DEALS
https://s.yimg.com/ny/api/res/1.2/ATzhGXF2bTJ9EqWT_u_Nbg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzU-/https://media.zenfs.com/en/multifamily_dive_727/39bb1e32f021d4ea2cfdc4fba6e04a88
✍️ The Atlanta apartment sales market is showing signs of improvement, with several notable deals announced in the area.
👉 Walker & Dunlop arranged $352.8 million in total acquisition financing for the sales of Town Laurel Crossing and Manor Barrett. 👉 The Related Group sold the properties, built in 2024, to a buyer connected with Portland, Oregon-based multifamily firm GSL Properties. 👉 Freddie Mac provided the capital for the buyer. 👉 Greenwood Star Holdings acquired the 281-unit Parkside Apartments and the 96-unit Creekside Apartments as part of its Greenwood Star Income and Growth Trust vehicle. 👉 The area has experienced high occupancy rates, driven in part by mortgage payments in the surrounding area being more than double the monthly rent payments at both properties.
-- #ChrisGoldsmith #LisaLi #Atlanta #Portland #Oregon #Gwinnett #Kennesaw #Georgia #Doraville #business
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