Chad DeFoor is a Senior Director for Franklin Street’s multifamily investment sales team in Atlanta, where he specializes in the listing and sale of Class B and C assets for private and regional investors. He has sold over 31,000 apartment units, with a value more than $1.9 billion since 2011. Mr. DeFoor has over 17 years of experience in multifamily asset management, acquisitions, dispositions and brokerage with an emphasis on Class B and C workforce housing. Prior to Franklin Street, he served as a Managing Director for Newmark Knight Frank’s Atlanta operation.
Mr. DeFoor is a member of the Atlanta Chapter of the Certified Commercial Investment Member Institute (CCIM) and the Georgia Chapter of the Institute of Real Estate Management (IREM), where he has obtained the CCIM and CPM designations. He is also active with the Atlanta Commercial Board of Realtors and the National Association of Realtors and is a licensed broker in the state of Georgia.
Mr. DeFoor received his Bachelor of Business Administration degree from the University of Georgia (UGA), where he double majored in real estate and marketing. He was a member of UGA’s track and field team and ran both the 400m dash and the 4x400m relay.
What Now Atlanta: Central Park Apartments in South Atlanta Fetches Record-Breaking Sale Price
August 18, 2021
High demand for workforce housing continues to push up multifamily purchase prices, as evidenced by a record-breaking acquisition by RW Equities. Announced on Thursday of last week, Disrupt Equity sold the 90-unit Central Park Apartments Complex to RW Equities for $8,640,000, or $95,000 per unit. The sale has broken the record for highest price for a 1970’s multifamily property in Clayton…