The 355-unit building is a key element of the Midtown Union mixed-use development, which will also include a 26-story, 612,000-square-foot class A office tower, a 23-key Kimpton hotel and 32,000-square-feet of street-level retail.
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Category: multifamily
Beverly Hills firm shells out $50.4 million for Lawrenceville multifamily property
Besides the Lawrenceville asset, the investor also recently purchased a 316-unit community in Melbourne, Fla., and a 45-unit development that is part of a mixed-use community in downtown Verrado in Phoenix.
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204-unit multifamily community changes hands in Dunwoody
The acquisition marks San Francisco real estate investor Hamilton Zanze’s sixth acquisition in the Atlanta metro area,
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RangeWater, ParkProperty launch construction of community in Capitol View
The 325-unit community is located at 1246 Allene Ave. SW and was previously home to the Exide Technologies battery plant.
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Miami landlord expands into Georgia with new metro-Atlanta community
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Ohio, San Francisco multifamily investors pick up Tucker community
Columbus, Ohio-based CREC Real Estate LLC and San Francisco-based McDowell Properties intend to make value-add improvements to the property, which was built in 1987 and consists of 28 two-story buildings.
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JV picks up Doraville apartments for $53M
The community is being renovated and rebranded as Haven North East.
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Two more residential towers proposed for Midtown
Developer Mill Creek is seeking to develop a 30-story tower on 10th Street NE, while Property Markets Group is proposing a 33-story building on Peachtree Street.
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Atlanta apartment rents continue to climb
Atlanta’s annual rent growth lags the statewide average of 14.8% but is ahead of the national average of 8.4%.
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S&P 500 apartment landlord re-enters Atlanta with $115M trophy-asset purchase
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