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| Norman Radow |
ATLANTA, GA /PRNewswire/ -- The RADCO Companies,
the nation's leading real estate turnaround specialist, recently closed its
eighth multifamily purchase in the past two months. The announcement was made
by Norman Radow, President and CEO of The RADCO Companies.
The Pavilion at Decatur, which consists of 144 units
near Emory University and Dekalb Medical Center in Decatur, GA, is RADCO's most
recent acquisition.
This deal comes on
the heels of a very active November and December, during which time the firm
closed on seven other properties comprised of 983 units. The acquisition of
Pavilion will be the sixteenth for RADCO since September 2011, bringing its
total unit count to over 3,000.
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| The Pavilion at Decatur, GA Apartments |
RADCO will spend $4.8 million to completely renovate all of
the units and to build a first class amenity package on the property. Upon
completion, Pavilion's units, comprised of mostly three-bedroom apartment
homes, will all boast the highest quality residential finishes in the area.
The amenity package will feature a new, ground-up
construction clubhouse, fitness center, pool and playground. Pavilion is
adjacent to a brand new park under construction by DeKalb County.
For a complete
copy of the company’s news release, please contact:
Roxanne Donovan - roxanne@greatink.com
Eric Gerard - egerard@greatink.com
Alyson Grala - alyson@greatink.com
Great Ink Communications - tel. 212-741-2977
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