GAINESVILLE, GA – Miami-based, Beacon Real Estate Group has recently completed two Atlanta-area multifamily acquisitions; investing $100 million the market.
Earlier this month, the commercial real estate firm acquired the 168-unit Domain at Cedar Creek and the 164-unit Gateway at Cedar Brook within Atlanta's Decatur submarket in a $46.1 million transaction.
This week, Beacon Real Estate Group purchased the 266-unit apartment community, 53 West in Gainesville, GA for $53.1 million from Varden Capital Properties and Tellus Partners. Located at 1000 Woodacres Rd, the class A, garden-style community was completed in 2019 and is currently 99% occupied.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
