MACON, GA—National real estate investment firm Bluerock Real Estate LLC of New York City has acquired the 294-unit Ansley Village apartment community here.
The deal was announced by Multi Housing Advisors, which arranged the sale. Robert Stickel, a managing director in MHA's Atlanta office, represented the seller, a joint venture between MAA and Thackeray Partners, in the transaction. Ansley Village is located at 6435 Zebulon Rd. No financial terms of the deal were reported.
Amenities at the property, which was built in 2008, include business center, fitness center, pet park, swimming pool, clubhouse, laundry facilities, a playground and a media center.
“The sale of Ansley Village was a competitive process and proves the multifamily investment market continues to be incredibly active,” MHA's Stickel says. “Institutional investors are seeking in-place yields from properties eligible for attractive financing options and are willing to go to secondary and tertiary markets with growth stories.”
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
