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ATLANTA—Location, location, location is a common mantra in commercial real estate. But a good location with low barriers to entry may not be the best bet in the long-term.
“One of the points that Governor Hogan brought out was that there are going to be 21 stations along the Purple Line, and when I asked him about opportunities for real estate development over the next few years, he said that the audience ought to focus on where the state is investing its money.”
Square Mile Capital Management LLC originates the loan secured by Jefferson Platinum Triangle, a new 400-unit transit-oriented multifamily community here with JPI as the sponsor.