Commercial Real Estate, Capital, Insurance, Leasing & Management

Birmingham Business Journal: Atlanta firm acquires Montgomery multifamily portfolio for $18.5M

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A two-property multifamily portfolio has been sold in Montgomery.

The 482 units in The Fields One Center and The Fields Carriage Hills sold for $18.5 million to Two Waters Capital Management, an Atlanta-based multifamily acquisition and asset management firm.

The seller was Elite Street Capital, a real estate investment and development firm based in Houston.

Franklin Street’s Atlanta Multifamily Investment Sales Team brokered the transaction on behalf of the seller.

Read more from the Birmingham Business Journal.

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