[New post] Investcorp Buys Atlanta-Area Apartments for $177Mln

Dan Moynihan posted: "Atlanta Business Journal Investcorp International Realty Inc. has paid $177 million, or about $229,870/unit, for Cantera by Cortland, a 770-unit apartment property in Chamblee, Ga., about 14 miles northeast of Atlanta. Cortland, an Atlanta investmen" New post on Commercial Real Estate Direct Investcorp Buys Atlanta-Area Apartments for $177Mln by Dan Moynihan Atlanta Business Journal Investcorp International Realty Inc. has paid $177 million, or about $229,870/unit, for Cantera by Cortland, a 770-unit apartment property in Chamblee, Ga., about 14 miles northeast of Atlanta. Cortland, an Atlanta investment manager, sold the property, which it had bought in late 2016. Canadian Imperial Bank of Commerce provided $121 million of […] Read more of this post Dan Moynihan | November 2, 2021 at 4:35 pm | Categories: General News, Southeast | URL: https://wp.me/pcdE10-2jkq Unsubscribe to no longer receive posts from Commercial Real Estate Direct. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://crenews.com/2021/11/02/investcorp-buys-atlanta-area-apartments-for-177mln/