Person: Chad Defoor
Connect CRE: Franklin Street Brokers $9M Sale of South Atlanta Apartments
Franklin Street has arranged the $8.6 million sale of Central Park Apartments, a value-add, workforce housing community in Riverdale, GA. The 90-unit property traded for $95,500 per unit, a record...
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Yield Pro: Franklin Street achieves record pricing for South Atlanta multifamily asset
Franklin Street has arranged the sale of Central Park Apartments, a value-add, workforce housing community in Riverdale, Georgia, a fast-growing submarket just south of Atlanta. The 90-unit asset sold $8,640,000, achieving...
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10 Steps Lenders Should Take When Inheriting a Distressed Commercial Real Estate Asset
By Chad DeFoor, Senior Director – Investment Sales When commercial real estate properties go into foreclosure, it is not uncommon for a significant amount of deferred maintenance — not to mention critical Life Safety and Security issues — to accrue....
Learn MoreMultifamilyBiz: TerraCap Management Acquires 638-Unit Forest Cove Apartment Community in Northeastern Atlanta Suburb of Doraville, Georgia
TerraCap Management, a privately held investment firm with its headquarters in Naples, Florida, announced the acquisition of Forest Cove Apartments, a 638-unit apartment complex located in the northeastern Atlanta suburb of Doraville. The garden-style...
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Franklin Street Secures Buyer for 638-Unit Multifamily Community in Atlanta
Franklin Street’s Chad DeFoor and Dan Phelan, of the firm’s Atlanta based multifamily investment sales team, recently helped secure a buyer for a 638-unit apartment asset in the northeastern Atlanta suburb of Doraville. TerraCap...
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