(Read more on the multifamily market.)
BUFORD, GA-A Norfolk, VA-based affiliate of Harbor GroupInternational LLC has acquired the 464-unit Preston Hills at MillCreek Apartments at 2810 Buford Dr. for $45.5 million. The sellerwas an affiliate of Sagebrush Cos.
"HGI has a proven track record in Atlanta," says HGI presidentRichard Litton Jr. "We are pleased with the performance of ourexisting Atlanta multifamily assets and believe Preston Hills is agreat addition to our portfolio in the market." Cushman &Wakefield's Atlanta office brokered the transaction.
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.
