/PRNewswire/ Capstone, headquartered in Charlotte, NC, is pleased to announce two promotions within its Carolinas and Virginia team. Ron Corrao has been.
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DORAVILLE, GA - TerraCap Management, a privately held investment firm with its headquarters in Naples, Florida, announced the acquisition of Forest Cove Apartments, a 638-unit apartment complex located in the northeastern Atlanta suburb of Doraville. The garden-style apartment complex sits on 78 acres and features one, two, and three-bedroom units. The property s amenities include a pool, a fire pit, a grilling area, a dog park, two playgrounds, and two soccer fields.
Matt Stewart, Partner and Director of Asset Management of TerraCap said, The acquisition of Forest Cove continues our strategy to buy well-located workforce housing with high value-add potential in strong suburban markets. We are heavily invested in northeast Atlanta and believe in the growth dynamics we see along the I-85 corridor from North Druid Hills Road to Sugarloaf Parkway.