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The properties will add 1,080 homes to growing portfolio
NEW YORK, Sept. 27, 2022 /PRNewswire/ — Ashcroft Capitala fully integrated multifamily investment firm, today announced the acquisition of four apartment communities totaling 1,080 homes in the Atlanta metropolitan area. Birchstone ResidentialAshcroft Capital’s in-house property management company, has assumed management of the communities.
The Atlanta-area communities include Halston McDonough (formerly Carrington Green) in McDonough, Ga., Halston South Point (formerly Villas at Southpoint) in McDonough, Halston Shiloh Valley (formerly Shiloh Valley Overlook) in Kennesaw, Ga.and Halston Harris Bridge (formerly Harris Bridge Overlook) in Dallas, Ga.
“In spite of capital market fluctuations, we remain bullish on multifamily based on the current and projected fundamentals within our Sun Belt metros. Because of this, we’re excited to acquire this value-add portfolio of four core-plus quality properties located . ..
Full story available on Benzinga.com
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