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American Landmark Buys Southeast Multifamily Portfolio

The Tampa-based multifamily owner and operator has acquired a total of three properties in the suburbs of Orlando and Atlanta, as well as an apartment complex in Charleston, SC. A

Arbor Terrace in Douglasville, GA features 300 units and is 95% occupied. The property is to be renamed One Rocky Ridge. Arbor Terrace in Douglasville, GA features 300 units and is 95% occupied. The property is to be renamed One Rocky Ridge.

TAMPA, FL—American Landmark has expanded its multifamily portfolio with the purchase of a 1,212-unit portfolio of properties in three Southeast states.

The Tampa-based multifamily owner and operator has acquired a total of three properties in the suburbs of Orlando and Atlanta, as well as an apartment complex in Charleston, SC. American Landmark acquired the portfolio from Australian financial investment firm Macquarie Group. CBRE brokered the transaction. No financial terms of the deal were released.

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John Jordan

John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

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