BRÈVE

sur The Geneva Group

Geneva Group Expands Portfolio with Acquisition of LaVista Crossing

The Geneva Group, a prominent commercial real estate investment firm, has officially acquired LaVista Crossing, enhancing its portfolio with a 240-unit garden-style apartment complex in Atlanta's Northlake area. The asset, built in 1970 and recently upgraded in 2023, boasts a variety of one to three-bedroom units and townhomes, positioned as a significant value-add opportunity in one of Atlanta's most dynamic rent growth markets.

LaVista Crossing offers a suite of community amenities, including a swimming pool, fitness center, and clubhouse, spread across 24.2 acres. Its strategic location near major employers and retail space makes it an attractive living option for residents seeking convenience and quality of life.

The acquisition is part of The Geneva Group's strategy to invest in income-generating real estate within high-growth markets. LaVista Crossing's proximity to key employment hubs and its blend of accessibility and desirability underscore its potential as a standout asset in the company’s expanding portfolio.

With this addition, The Geneva Group's portfolio now encompasses 1.5 million square feet, marking a re-entry into the multi-family sector. Managing Partner Jarred Elmar highlights the property's unbeatable location and proximity to essential services, which contribute to its appeal in the thriving Atlanta market.

R. H.

Copyright © 2024 FinanzWire, tous droits de reproduction et de représentation réservés.
Clause de non responsabilité : bien que puisées aux meilleures sources, les informations et analyses diffusées par FinanzWire sont fournies à titre indicatif et ne constituent en aucune manière une incitation à prendre position sur les marchés financiers.

Cliquez ici pour consulter le communiqué de presse ayant servi de base à la rédaction de cette brève

Voir toutes les actualités de The Geneva Group