ATLANTA—Riverstone, a 220-unit multifamily community located in Macon, GA, has traded hands. The sale price: $27.5 million.
Cushman & Wakefield's Southeast Multifamily Advisory Group arranged the sale. Robert Stickel represented the seller, H Katz Capital Group. Kole Management Company acquired the property.
“Riverstone is a top-tier asset with an outstanding amenity package and convenient access to premier job centers throughout central Georgia,” says Stickel. The CushWake group closed $3.6 billion in sales volume in 2016, totaling 223 deals and nearly 50,000 units.
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