Real Estate
Bridge Investment Group originated a three-year, $48 million acquisition financing package for the new owner. : GVA Real Estate Group has acquired Cobalt Springs, a 548-unit Class B multifamily asset near Greenville, S.C., for $54.5 million from The RADCO Cos., according to Yardi Matrix. The buyer landed a three-year, $48.3 million acquisition financing package from Bridge Investment Group. The seller bought the asset in September 2015 for $33.6 million. While RADCO’s 15,000-unit portfolio is spread across the South and Midwest, the investor has shown a strong focus this year in Atlanta.

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