Atlanta

Moody's Analytics estimates total damage from the Category 4 storm at between $16 billion and $20 billion.

The portfolio acquisition increases Colony's light industrial warehouse space in Atlanta to more than 7.7 million square feet.

The new platform— Logistics Property Company, LLC— has partnered with Macquarie Capital Real Estate Investments on the formation of the platform. LPC seeks to grow its business to more than $5 billion of properties under management over the next five years.

"Praedium will rebrand the property and seek to enhance the tenant experience through a modernization of the clubhouse and amenity space," says Kelsey Durels, a Praedium associate.

The $172 million purchase price reported by Real Capital Analytics ranks the sale as the second largest multifamily transaction in Atlanta metro history.

The Silverman Group, a family-owned and operated private equity and real estate development organization based in Basking Ridge, NJ, is growing its Atlanta industrial holdings.

The $81 million sale includes 502 apartment units in metro Atlanta.  

Robert Lachapelle of CBRE's Atlanta office, and Ann Cone of CBRE's FHA lending platform, arranged the 40-year, 100 percent non-recourse, fixed-rate loan on behalf of the borrower, CC NVB.