22
Feb
New York apartment company expands holdings in metro Atlanta
A New York apartment investment company is expanding its holdings in metro Atlanta.
BRT Apartments Corp. (NYSE:BRT) said Thursday that an entity in which it has a 50 percent equity interest acquired Madison at River Sound, a 586-unit apartment community in Lawrenceville, Ga., for $77.3 million, including $54.4 million of mortgage debt.
The deal gives BRT five properties in Georgia, including The Pointe at Lenox Park (271 units), Avondale Station in Decatur (212 units), Woodland Trails in LaGrange…
Source: Arizona Business Journal
