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Home Residential Real Estate
Dallas-based investor buys Atlanta apartment tower for $115.5 million

Dallas-based investor buys Atlanta apartment tower for $115.5 million

Donnell Suggs by Donnell Suggs
September 2, 2021
in Residential Real Estate
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the irby*100xx3024 3024 504 0A Buckhead Village condo tower offered for greater than $115 million as emptiness charges throughout the Atlanta submarket decline to pre-pandemic ranges, leaving traders in search of alternatives to get again within the neighborhood in the event that they weren’t already.

Lone Star Funds, a Dallas-based personal fairness agency with a presence in 11 international locations, bought The Irby for $115.5 million, based on Fulton County property information. Lone Star Funds secured a two-year, $75 million mortgage from Virginia-based nationwide lender…

industry 21?d=yIl2AUoC8zA industry 21?i=0uFBzb6t92c:rvNG bCJlWw:F7zBnMyn0Lo industry 21?i=0uFBzb6t92c:rvNG bCJlWw:V sGLiPBpWU industry 21?i=0uFBzb6t92c:rvNG bCJlWw:gIN9vFwOqvQ industry 21?d=qj6IDK7rITs

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