29th Street Capital Buys 2 Atlanta Communities

by multihousingnews.com posted 2weeks ago 0 views
The firm has plans to upgrade both properties in Sandy Springs, Ga., that were acquired for $81.4 million. : 29th Street Capital has expanded its residential portfolio in metro Atlanta by acquiring two Class B communities totaling 411 units. The company purchased the pair of assets in Sandy Springs, Ga., for $81.4 million from an undisclosed seller. Javier Bustillo, senior vice president of acquisitions for the Southeast at 29th Street Capital (29SC), said in prepared remarks that the properties were high-quality assets and had substantial value-add potential.

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