All the multifamily news you need
The Atlanta rental market is expected to remain strong due to a healthy economy, a lower cost of living, good demographic trends, and positive rent growth, according to a midyear multifamily report for the metro from Berkadia.
Ashcroft Capital and SFO Capital Partners today announce their joint acquisition of Elliot Gateway (formerly Discovery Gateway), a garden-style community located in Marietta, one of metro Atlanta’s thriving suburbs. The transaction marks the first joint venture between the two companies.
Ashcroft Capital (“Ashcroft”), a vertically integrated multifamily investment firm, today announced the closing of a strategic partnership (the “Partnership”) with institutional investors including investment funds advised by Goldman Sachs Asset Management and Blackstone Strategic Partners.
Ashcroft Capital, a fully integrated multifamily investment firm, today announced the acquisition of Elliot Gwinnett Place (formerly Retreat at Arc Way), a garden-style community approximately 20 miles northeast of Downtown Atlanta.
Ashcroft Capital had an active 2021, acquiring 11 communities in high-growth Sun Belt markets and completing its launch of its in-house property management company, Birchstone Residential. For 2022, the vertically integrated multifamily investment firm has even more ambitious plans.
Several years ago, some might have concluded that suburban, garden-style apartment communities were on the wane. I've always been a believer in this product type, but there was a lot of talk about the growing popularity of high- and mid-rise apartments in infill locations.
Ashcroft Capital, a fully integrated multifamily investment firm, today announced the acquisitions of Elliot Windsprint (formerly Windsprint Apartments) in Arlington, Texas, and Halston Park Central (formerly Savannah at Park Central) in Orlando, Fla.
Ashcroft Capital today announced the acquisition of Elliot Pioneer, a garden-style community located almost exactly halfway between Fort Worth and Dallas in Arlington. Birchstone Residential, Ashcroft Capital’s in-house property management company, has assumed management of the community.