Commercial Real Estate, Capital, Insurance, Leasing & Management

2018 Multifamily Investment Volume to Surpass Last Year, Say Apartment Association Panelists

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Investors are taking heed and targeting communities in secondary markets. Earlier this month, a Texas-based private equity group acquired Central Park Apartments, a multifamily property located in Riverdale, Georgia, roughly 10 miles south of Atlanta. Franklin Street brokered the $4.6 million transaction.

Excerpted from REBusinessOnline story.

Investors are taking heed and targeting communities in secondary markets. Earlier this month, a Texas-based private equity group acquired Central Park Apartments, a multifamily property located in Riverdale, Georgia, roughly 10 miles south of Atlanta. Franklin Street brokered the $4.6 million transaction. The 1970s-era community offers a mix of townhome and garden-style units.

For full story, visit https://rebusinessonline.com/2018-multifamily-investment-volume-to-surpass-last-year-say-apartment-association-panelists/

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