ATLANTA, GA – Virginia-based, real estate investment, development and management firm, Middleburg Communities has reached stabilization on the extensive renovation, repositioning and leasing of three workforce housing apartment communities in the Atlanta area.
The three communities total 956 units and comprise Vesta Bouldercrest, Vesta Adams Park and Vesta Camp Creek.
Middleburg invested a total of $91 million in the three properties, including acquisition costs and renovation costs. The company originally acquired the nearly-vacant properties in a state of disrepair.
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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.
