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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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