State: Georgia - GA

The expected modification of the $89.8 million CMBS loan against the Mall at Stonecrest in suburban Atlanta evidently has fallen apart as it is now the subject of a foreclosure suit.

Square Mile Capital Management and H.I.G. Realty Partners have provided $186 million of financing against the Campanile office building in Atlanta. Dewberry Group will use the loan's proceeds to renovate the property and expand its space to 626,000 square feet ...

Atlanta Business Chronicle Plymouth Industrial REIT has paid $34.7 million, or about $37.55/sf, for a portfolio of five industrial buildings totaling 924,036 square feet in Atlanta and Savannah, Ga. The seller was identified as High Knox Properties, which was represented ...

Atlanta Business Chronicle An affiliate of TA Realty has sold the 222-unit Virginia Highlands Apartments in Atlanta for $60.2 million, or about $271,171/unit. Range Water Real Estate, formerly Pollack Shores, bought the property, which sits on nearly seven acres at ...

Mirae Asset Daewoo, which paid $78.5 million, or $77.25/sf, for a recently constructed distribution facility in Georgia that's net leased to Amazon.com Inc., is looking to syndicate a portion of its equity investment in the suburban Atlanta property. It's turning ...

Atlanta Business Chronicle An affiliate of Eaton Vance Real Estate Investment Group has paid $65.6 million, or about $232,634/unit, for the Helios Apartments, a 282-unit property in Atlanta. A joint venture of Bluerock Residential Growth REIT and Catalyst Development sold ...

Clarion Partners has paid $69.7 million, or $489.20/sf, for Stockyards Atlanta, a 142,478-square-foot mixed-use property with creative office and entertainment space in Atlanta's West Midtown Area. The New York investment manager bought the property at 976 Brady Ave., which two ...

ACRES Capital Corp. has provided $32 million of financing to fund the completion of the Cottages at Ridge Pointe, a 216-unit apartment property in the Atlanta suburb of Athens, Ga. The property, at 940 Creek Ridge Lane, has 38 units, ...

Atlanta Business Chronicle Cousins Properties is developing a 750,000-square-foot office building in Atlanta. The property is being built on 3.4 acres at 650 West Peachtree St., between Ponce de Leon Avenue and Third Street. It will serve as the regional ...

Atlanta Business Chronicle The Connor Group has bought the 350-unit Edge apartments in Atlanta for $110 million, or about $314,857/unit. A venture of The Carlyle Group and North American Properties sold the complex, which includes a retail component that was ...

CIM Group has provided $105 million of construction financing for the 279-unit Seven88 West Midtown residential condominium project in Atlanta. McKinley Homes of Atlanta is constructing the 18-story building, which will have studio, one-, two- and three-bedroom units. The property ...

Passco Cos. has paid $106.5 million, or $251,773/unit, for the 423-unit Avana Lenox apartment property in Atlanta. The Irvine, Calif., investment manager bought the complex from Greystar Real Estate Partners of Charleston, S.C., which had bought it in 2015 for ...

Atlanta Business Chronicle Insignia LLC is planning to develop a $116 million mixed-use project on the site of a former shopping center in the Atlanta suburb of Doraville, Ga. The 13-acre development site, along Buford Highway, had been anchored by ...

Castle Lanterra Properties has sold the 322-unit Landing Square apartment property in Atlanta for $45 million, or $139,752/unit - just two years after buying it for $32 million. The Suffern, N.Y., company sold the property, previously known as Alta Coventry ...

Glenfield Capital has paid $46.1 million, or $152/sf, for the 303,451-square-foot Chastain Center office property in the Atlanta suburb of Kennesaw, Ga. The Atlanta real estate investor bought the complex from TerraCap Management, a Bonita Springs, Fla., investment manager that ...