ATLANTA—A joint venture between Los Angeles-based LoweEnterprises Investors and TriBridgeResidential has acquired the 202-unit City View Apartmentsproperty here.
Lowe, acting on behalf of an investment client, andAtlanta-based TriBridge will now own and operate the mid-riseapartment property built in 2003. No financial details on thetransaction were released.
“At City View we have the opportunity to work with our newpartner, TriBridge, to continue improvements and enhance operationsat a property that is already performing well, in an area that isundergoing a rapid revitalization,” says Bleecker P.Seaman, co-CEO of Lowe Enterprises Investors. “As ourmultifamily investment management portfolio continues to expand, wewill be actively seeking additional property acquisitions in theSoutheast.”
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
