“Our acquisition of such a special property, and in the heart of the City of Atlanta where everything is happening now at such a fast clip, is the perfect time to roll out our new higher-end,” Norman Radow, founder and CEO of RADCO, tells GlobeSt.com. “Cheshire Bridge Road between Piedmont and Lindbergh is simply one of the most exciting locations to be in the 'New York of the South.'”

Built in 2001, Radius Cheshire Bridge is a gated multifamily community on 10.8 acres in the in-town submarket of Atlanta. The property consists of nine three- and four-story garden-style buildings. Amenities include a large leasing office and clubhouse with high ceilings outfitted with a fitness facility, multiple resident lounges, and a billiards room that all overlook the pool.

RADCO plans to spend $4.5 million-plus on capital improvements to modernize and update the multifamily community. RADCO financed the acquisition using a $44.4 million Freddie Mac loan and $18.7 million in private capital. Since August 2011, the company has raised over $500 million in private capital to fund its acquisitions.

ATLANTA—RADCO Companies just inked its 13th acquisition of 2016. The firms snapped up Bell Cheshire Bridge apartments in Atlanta, its first in Atlanta's Lindbergh submarket. (Competition is rising in non-core markets.)

RADCO renamed the 318-unit, class A-minus multifamily property Radius Cheshire Bridge. RADCO Residential, the company's management platform, will serve as property manager.

With this buy, RADCO is unveiling its new Radius brand. The firm will roll out the branding on select properties in its multifamily portfolio this year. Radius Cheshire Bridge is RADCO's 65th acquisition since 2011.

Radius Cheshire Bridge sits in a thriving location. The Lindbergh submarket offers fast commutes to neighborhoods and employment centers, including Buckhead, Midtown, Emory/Center for Disease Control and Prevention, and Morningside. There has recently been a renewed spotlight on Lindbergh's access to major Atlanta job centers, which has spurred growth and investment in the area. There are over 20 restaurants, a Whole Foods, Publix, Sprouts, CVS, and United Artist Cinema all within two miles of the multifamily property.

“Our acquisition of such a special property, and in the heart of the City of Atlanta where everything is happening now at such a fast clip, is the perfect time to roll out our new higher-end,” Norman Radow, founder and CEO of RADCO, tells GlobeSt.com. “Cheshire Bridge Road between Piedmont and Lindbergh is simply one of the most exciting locations to be in the 'New York of the South.'”

Built in 2001, Radius Cheshire Bridge is a gated multifamily community on 10.8 acres in the in-town submarket of Atlanta. The property consists of nine three- and four-story garden-style buildings. Amenities include a large leasing office and clubhouse with high ceilings outfitted with a fitness facility, multiple resident lounges, and a billiards room that all overlook the pool.

RADCO plans to spend $4.5 million-plus on capital improvements to modernize and update the multifamily community. RADCO financed the acquisition using a $44.4 million Freddie Mac loan and $18.7 million in private capital. Since August 2011, the company has raised over $500 million in private capital to fund its acquisitions.