ATLANTA—RADCO Companies continues scooping up multifamily assets in the Greater Atlanta region. The latest buy is Spalding Bridge, a 192-unit multifamily complex.
RADCO paid $22.9 million for the asset, which sits in the booming north Atlanta suburb of Sandy Springs. JMG Realty sold the multifamily property to RADCO and JLL brokered the deal.
“With all of the new growth on the north end of the Perimeter corridor, we thought there could not have been a better time to execute our business strategy on such an already impressive asset,” says Norman Radow, founder and CEO of RADCO. “We plan to implement our value-added plan and take the community to a new level of luxury of service.”
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