[New post] Washington REIT Pays $105.6Mln for Atlanta-Area Apartments

Dan Moynihan posted: "Washington REIT has paid $105.6 million, or $271,465/unit, for the 389-unit Carlyle of Sandy Springs apartment property in the Atlanta suburb of Sandy Springs, Ga. The Washington, D.C., REIT bought the 50-year-old property from Spyglass Capital Partner" New post on Commercial Real Estate Direct Washington REIT Pays $105.6Mln for Atlanta-Area Apartments by Dan Moynihan Washington REIT has paid $105.6 million, or $271,465/unit, for the 389-unit Carlyle of Sandy Springs apartment property in the Atlanta suburb of Sandy Springs, Ga. The Washington, D.C., REIT bought the 50-year-old property from Spyglass Capital Partners, which had acquired it in 2014 for $34.1 million. Cushman & Wakefield brokered the latest transaction. The property, […] Read more of this post Dan Moynihan | February 18, 2022 at 9:22 am | Categories: General News | URL: https://wp.me/pcdE10-2kBq 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/2022/02/18/washington-reit-pays-105-6mln-for-atlanta-area-apartments/