{"id":1004109951,"date":"2014-12-22T11:42:43","date_gmt":"2014-12-22T19:42:43","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=314840"},"modified":"2022-03-03T21:14:35","modified_gmt":"2022-03-04T05:14:35","slug":"buckheads-crescent-terminus-sold-to-berkshire-group-affiliate-2","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/buckheads-crescent-terminus-sold-to-berkshire-group-affiliate-2\/","title":{"rendered":"Buckhead\u2019s Crescent Terminus Sold to Berkshire Group Affiliate"},"content":{"rendered":"<p><em>By Balazs Szekely, Associate Editor<\/em><\/p>\n<p><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/12\/Crescent-Terminus-Buckhead.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-314841\" title=\"Crescent Terminus Buckhead\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/12\/Crescent-Terminus-Buckhead.jpg\" alt=\"\" width=\"300\" height=\"200\" \/><\/a>An affiliate of Boston-based Berkshire Group has recently acquired the 355-unit Crescent Terminus Community, Crescent Communities announced in a news release. The three-building luxury apartment complex is located in Atlanta\u2019s Buckhead neighborhood and it is currently pursuing the ICC-700 National Green Building Standard\u2019s Bronze Level Certification.<\/p>\n<p>Crescent Terminus offers a selection of studio units and one- and two-bedroom apartments on a total of 22 different floor plans. Located on the corner of Piedmont and Peachtree, the pet-friendly and smoke free community features a coffee bar, a tech lounge, outdoor kitchen, a saltwater resort-style pool with aqua sundeck as well as two expansive rooftop terraces with outdoor fireplaces and TV screens. The home interiors are equipped with chef-inspired kitchens with granite countertops, Energy Star certified stainless steel appliances and designer cabinetry; satin nickel hardware, lighting and fixtures; built-in workspaces and walk-in closets.<\/p>\n<p>The transaction is so far the second sale in Crescent\u2019s development portfolio of nine multifamily properties comprising a total of 2,667 units with a total gross purchase price of approximately $700 million. The 367-unit Crescent Bayshore apartment community in downtown Tampa, Florida was purchased by UBS Global Asset Management in October. One of the remaining seven properties that Crescent intends to sell \u2013 Crescent Howell Mill \u2013 is also located in Atlanta, five are in North Carolina and one is in Orlando, Florida. In addition, the company has around 4,000 units currently under construction and another 5,000 in predevelopment. And since the holidays are just around the corner, check out Crescent&#8217;s fun <a href=\"https:\/\/player.vimeo.com\/video\/114697364\" rel=\"nofollow\">holiday video greeting<\/a>, filmed in ten markets and five states.<\/p>\n<p><em>Photo credits: Crescent Communities<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>An affiliate of Boston-based Berkshire Group has recently acquired the 355-unit Crescent Terminus Community, Crescent Communities announced in a news release. The three-building luxury apartment complex is located in Atlanta&rsquo;s Buckhead neighborhood and it is currently pursuing the ICC-700 National Green Building Standard&rsquo;s Bronze Level Certification.<\/p>\n","protected":false},"author":35,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1489,21742],"tags":[39387,1815],"class_list":["post-1004109951","post","type-post","status-publish","format-standard","hentry","category-atlanta","category-latest","tag-atlanta","tag-national"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Buckhead\u2019s Crescent Terminus Sold to Berkshire Group Affiliate - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/buckheads-crescent-terminus-sold-to-berkshire-group-affiliate-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Buckhead\u2019s Crescent Terminus Sold to Berkshire Group Affiliate\" \/>\n<meta property=\"og:description\" content=\"An affiliate of Boston-based Berkshire Group has recently acquired the 355-unit Crescent Terminus Community, Crescent Communities announced in a news release. The three-building luxury apartment complex is located in Atlanta&rsquo;s Buckhead neighborhood and it is currently pursuing the ICC-700 National Green Building Standard&rsquo;s Bronze Level Certification.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/buckheads-crescent-terminus-sold-to-berkshire-group-affiliate-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2014-12-22T19:42:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-04T05:14:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/12\/Crescent-Terminus-Buckhead.jpg\" \/>\n<meta name=\"author\" content=\"Balazs Szekely\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/buckheads-crescent-terminus-sold-to-berkshire-group-affiliate-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/buckheads-crescent-terminus-sold-to-berkshire-group-affiliate-2\\\/\"},\"author\":{\"name\":\"Balazs Szekely\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/623e95293ca6c6791bedc7473f548d7f\"},\"headline\":\"Buckhead\u2019s Crescent Terminus Sold to Berkshire Group Affiliate\",\"datePublished\":\"2014-12-22T19:42:43+00:00\",\"dateModified\":\"2022-03-04T05:14:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/buckheads-crescent-terminus-sold-to-berkshire-group-affiliate-2\\\/\"},\"wordCount\":278,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/buckheads-crescent-terminus-sold-to-berkshire-group-affiliate-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2014\\\/12\\\/Crescent-Terminus-Buckhead.jpg\",\"keywords\":[\"Atlanta\",\"National\"],\"articleSection\":[\"Atlanta\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/buckheads-crescent-terminus-sold-to-berkshire-group-affiliate-2\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/buckheads-crescent-terminus-sold-to-berkshire-group-affiliate-2\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/buckheads-crescent-terminus-sold-to-berkshire-group-affiliate-2\\\/\",\"name\":\"Buckhead\u2019s Crescent Terminus Sold to Berkshire Group Affiliate - 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