RADCO adds two Atlanta-area properties to portfolio for $33.2m
The RADCO Companies, one of the nation's leading real estate opportunistic investment specialists, has purchased two multifamily communities in metro Atlanta totaling 553 units from Fannie Mae. The 439-unit Keeneland Farms and 114-unit Brown Ridge were acquired for an aggregate purchase price of $33.2 million. The announcement was made by the company's founder and CEO, Norman Radow.
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
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