News Column

United States : TRIBRIDGE RESIDENTIAL enters partnership to own and operate CITY VIEW APARTMENTS

September 4, 2014

Atlanta-based TriBridge Residential has entered a partnership with a Los Angeles property investment management service firm to own and run the City View Apartments at 433 Highland Avenue NE in Atlanta.

Financial terms of the deal are confidential.

Los Angeles-based Lowe Enterprises Investors said it will seek to acquire further property in the Southeast, as its multifamily investment management portfolio continues to grow.

Sited between downtown and Midtown Atlanta in the developing Old Fourth Ward submarket, City View is a 202-unit mid-rise apartment building built last year.

With over 16,500 units and $1 billion in assets under management as of Dec. 31, 2013, TriBridge Residential is a multifamily investment, management and development firm.

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Source: TendersInfo (India)

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