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Doraville apartments near Assembly project sell for $53M - Atlanta Business Chronicle

Doraville apartments near Assembly project sell for $53M - Atlanta Business Chronicle
bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.

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Investors On 'Crazy' Atlanta Apartment Shopping Spree

Investors On Crazy Atlanta Apartment Shopping Spree
Courtesy of Spaxel
The Hills at East Cobb apartments, which were recently acquired by New York-based Spaxel.
During the first quarter, investors bought more than $2.1B of Atlanta apartments, an 18% increase from the same period in 2020, according to data collected by Real Capital Analytics, which tracked transactions of $5M or more. The data was provided to
Bisnow by JLL.
“I think there s a tremendous amount of activity for not just multifamily, but that is probably leading the way,” Marcus & Millichap First Vice President John Leonard said. “Anything that did well during the pandemic is in high demand.” ....

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TerraCap Management Announces Sale of Two Multifamily Communities Totaling 692-Units in Northern Atlanta Suburb of Marietta

TerraCap Management Announces Sale of Two Multifamily Communities Totaling 692-Units in Northern Atlanta Suburb of Marietta
multifamilybiz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from multifamilybiz.com Daily Mail and Mail on Sunday newspapers.

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TerraCap Management Sells Two Multifamily Properties in Northern Atlanta Suburb

TerraCap Management Sells Two Multifamily Properties in Northern Atlanta Suburb
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MARIETTA, Ga., Feb. 12, 2021 /PRNewswire/ TerraCap Management LLC, a privately held investment firm based out of Naples, Florida, announced today the sale of The Knolls and The Crossings. The two multifamily properties consist of a total of 692 units and are both located in the northwestern Atlanta suburb of Marietta.
TerraCap Management LLC
The Knolls and The Crossings were acquired in September 2017 as part of a four-property, 1,100-unit multifamily portfolio purchase. The two other properties in the portfolio, the Arbors and The Crossings at Holcomb Bridge, saw dispositions in December 2019 and September 2020 respectively. ....

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