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| The Brookhaven Apartments, San Antonio, TX |
"We are very
excited to make our second Admiral investment in Atlanta and our first in the
multifamily sector. We have been fortunate to build a diversified portfolio of
value-add properties and capitalize on opportunities in the market to acquire
high quality assets at a significant discount to replacement cost,"
Admiral Capital Group founder David Robinson said.
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| David Robinson |
"This is consistent
with our overall fund approach to identify assets that need capital and
repositioning and partner with best-in-class operators like Wood Partners to
execute that strategy."
The Brookhaven,
built in 1985, is located at 3833 Peachtree Road, less than two blocks from
Buckhead's center, and three blocks from a MARTA rapid transit station.
Interiors were modernized in 2008 to feature hardwood floors, custom cabinetry
and enclosed sunrooms.
For a complete copy
of the company’s news release, please contact:
Dan Bassichis of Admiral Capital,
+1-646-405-4808,
Genevieve Anton of
Wood Partners,
+1-714-544-6503,
Sharon Ballenger of
USAA Real Estate Company,
+1-210-641-8410,
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