A New York City-based investment firm has acquired an aging, mid-tier apartment complex in southwest Atlanta that attracted more attention than anticipated, thanks to the adoption of stricter rent control regulations in the buyer's hometown.
Atlanta's Rental Growth Attracts Attention from New York Apartment Investors
Buyer Plans Upgrades for Older Complex in Southwest Atlanta
By Tony Wilbert
CoStar News
January 13, 2020 | 6:45 P.M.
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IN THIS ARTICLE
- Properties
- Adams House
2280 Campbellton Rd, Atlanta, GA
- Companies
- David Stern Management Corp.
Real Estate
- RPM
Real Estate
- Contacts
- Barden Brown
Founding Partner, Brownstone Development Group
- Cory Sams
Managing Director, GREA, LLC