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| Tuscany at Lindbergh Apartments, 600 Garson Drive Northeast, Atlanta, GA |
HOUSTON, TX – HFF announced today that it has arranged
acquisition financing for the Tuscany at Lindbergh, a 324-unit, Class A
multi-housing community in Atlanta, Georgia.
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| Cortney Cole |
Venterra Realty purchased the property with the assistance of a
seven-year, fixed-rate loan secured through MetLife.
Tuscany at Lindbergh is located at 600 Garson Drive
Northeast less than one mile west of Interstate 85 in the Lindbergh submarket
of Atlanta. Completed in 2001, the
property features one-, two- and three-bedroom units averaging 1,034 square
feet each.
The community offers a complete institutional amenity
package including a villa-style swimming pool and gardens, fully-equipped
fitness center, executive center and media room. Tuscany at Lindbergh is 95 percent leased.
The HFF team representing Venterra was led by director Cortney
Cole.
Venterra specializes in the identification, finance,
acquisition and management of multi-family residential communities in the
southern United States.
Venterra currently
manages a portfolio of multi-family real estate assets totaling more than $1
billion in value that generates gross annual income in excess of $90
million.
The organization has completed in excess of $2 billion of
real estate transactions. Venterra has
offices in both Houston and Toronto and employs more than 450 people.
For a complete
copy of the company’s news release, please contact:
Kristen M. Murphy
Associate Director
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell:
617-543-4873 | www.hfflp.com
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