Clark Ventures Buys Central Perimeter Apartments: The Atlanta Deal Sheet
Clark Ventures Buys Central Perimeter Apartments: The Atlanta Deal Sheet
An Atlanta-based investor in upscale apartments purchased a complex in Central Perimeter for about the same price as the previous owner acquired it for six years ago.
An Atlanta-based investor in upscale apartments purchased a complex in Central Perimeter for about the same price as the previous owner acquired it for six years ago. Bisnow News Feed Read More
An Atlanta-based investor in upscale apartments purchased a complex in Central Perimeter for about the same price as the previous owner acquired it for six years ago.
Lake Norman Rental Asset Trades for $76M
Lake Norman Rental Asset Trades for $76M
Blue Heron Asset Management acquired a Lake Norman apartment complex for $76 million. RL West and Langtree Development were the sellers of the Langtree Lake Norman, a 300-unit midrise multifamily project in Mooresville. Berkadia brokered the deal.
LangTree Lake Norman includes approximately 48,000 square feet of ground-floor retail space with a mix of local and regional tenants. The joint venture retained ownership of Buildings 105 and 106 along Langtree Road and the commercial buildings fronting Mecklynn Road.
Blue Heron plans to upgrade the apartment unit interiors, which have remained largely untouched since their construction in 2013. The buyer assumed the existing HUD loan as part of the transaction.
Located at 150 Landing Drive, LangTree Lake Norman features a clubhouse, a swimming pool, a fitness center, and a dog park.
Langtree Development Company was represented by Caleb Troop and Thomas Colaiezzi of Berkadia Charlotte, along with Brian Long of RL West.
The post Lake Norman Rental Asset Trades for $76M appeared first on Connect CRE.
Blue Heron Asset Management acquired a Lake Norman apartment complex for $76 million. RL West and Langtree Development were the sellers of the Langtree Lake Norman, a 300-unit midrise multifamily project in Mooresville. Berkadia brokered the deal. LangTree Lake Norman includes approximately 48,000 square feet of ground-floor retail space with a mix of local and …
The post Lake Norman Rental Asset Trades for $76M appeared first on Connect CRE. Atlanta & Southeast Commercial Real Estate News Read More
Blue Heron Asset Management acquired a Lake Norman apartment complex for $76 million. RL West and Langtree Development were the sellers of the Langtree Lake Norman, a 300-unit midrise multifamily project in Mooresville. Berkadia brokered the deal. LangTree Lake Norman includes approximately 48,000 square feet of ground-floor retail space with a mix of local and …
The post Lake Norman Rental Asset Trades for $76M appeared first on Connect CRE.
Downtown Atlanta hasn’t seen this many planned apartments in 20 years
Downtown Atlanta hasn’t seen this many planned apartments in 20 years
Atlanta is one of many U.S. downtowns aiming to find a spark to ignite development. Housing may be its answer.
Atlanta is one of many U.S. downtowns aiming to find a spark to ignite development. Housing may be its answer. Bizjournals.com Feed (2019-09-06 17:16:48) Read More
Atlanta is one of many U.S. downtowns aiming to find a spark to ignite development. Housing may be its answer.
Centennial Yards names new VP of leasing; known for malls, grocery-anchored shopping centers
Centennial Yards names new VP of leasing; known for malls, grocery-anchored shopping centers
The 50-acre Downtown project will include 900,000 square feet of retail space.
The 50-acre Downtown project will include 900,000 square feet of retail space. Bizjournals.com Feed (2019-09-06 17:16:48) Read More
The 50-acre Downtown project will include 900,000 square feet of retail space.
Pittsburgh Yards Adds Plug-and-Play Pad Sites to Southwest Atlanta Development
Pittsburgh Yards, a development project located at 352 University Ave SW
Pittsburgh Yards poised to grow as BeltLine-adjacent office hub
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Cushman & Wakefield Marketing 5 Pittsburgh Yard Sites To Developers
With the success of its transformation of a former truck terminal into
Huge swath of BeltLine-adjacent land hits market. Any big ideas?
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Southside project set to expand upon novel Beltline development model
A project intended to lift up one of Atlanta’s most disinvested areas