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Texas Investor Seeking to Add Hotel at Avalon Near Atlanta to Its Collection

Development Authority OKs Transfer of Alpharetta, Georgia, Property to Crescent Real Estate
Crescent Real Estate would like to enter an agreement to acquire the Hotel at Avalon, according to a local development authority. (Tony Wilbert/CoStar News)
Crescent Real Estate would like to enter an agreement to acquire the Hotel at Avalon, according to a local development authority. (Tony Wilbert/CoStar News)
CoStar News
February 21, 2020 | 10:20 P.M.

Crescent Real Estate, which recently bought The Kimpton Brice in Savannah, Georgia, wants to acquire a hotel in the landmark Avalon mixed-use development near Atlanta, according to documents issued by a local development authority.

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