Ram Spends $70M on Atlanta Multifamily

ATLANTA—An affiliate of Ram Realty Partners III has snapped up two Atlanta multifamily assets for $70.4 million. Ram’s management company has taken over the property management and is rebranding Aventine at Vinings and Aventine at Ashford as Rock Creek at Vinings and Rock Creek at Ashford, respectively.

“The focus of Ram’s business model is to pursue investments where we can deploy both capital and human resources,” says Ram CEO Casey Cummings. “These properties represent a classic value-add opportunity for Ram’s investors, where improving the lifestyle experience for residents will, in turn, result in stronger property operating performance.”