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| Greg Ward |
ATLANTA, GA – Atlantic |
Pacific Companies (A|P) and Blue Arch Advisors, via their fund, Blue Atlantic
Partners, have purchased two properties in Georgia: Rock Creek at Vinings and Rock Creek at Ashford.
The purchase marks A|P’s
17th acquisition in the metro-Atlanta area, bringing the size of their
portfolio in Atlanta to approximately 4,500 units.
Greg Ward,
Chief Investment Officer of the fund, remarked “We are excited to add these
properties to our growing Atlanta portfolio.
"They represent a continuation of our strategy to acquire assets in
locations with strong demographics and high barriers to entry. We plan to implement an extensive interior
and exterior renovation program across the properties.”
Rock Creek at Vinings,
located in Smyrna, which is historically one of the fastest growing cities in
Georgia, sits on 33 acres on the northwest side of Atlanta Road SE. The property has 403 units consisting of one,
two and three bedrooms. Rock Creek at Ashford is located on 13 acres in the
city of Brookhaven, GA and consists of studio, one and two bedroom units. The
community features a dog park, resident garden, BBQ grills areas, and gated
entry.
For more information about A|P and its array
of real estate services including development, property management, affordable
housing, and construction, visit www.apcompanies.com or call (800) 918–1145. Follow A|P on
Facebook (@AtlanticPacificCompanies), Instagram (@APCompanies) and Twitter
(@APCompanies).
For a complete copy of the company’s news release,
please contact:
Jessica Wade Pfeffer |
jessica@jessicawadeinc.com | Jessica Wade Inc. | 7100 Biscayne Blvd | Miami, FL
- Florida 33138
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