{"id":1004122004,"date":"2015-06-25T04:40:51","date_gmt":"2015-06-25T12:40:51","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=353792"},"modified":"2022-03-04T18:14:07","modified_gmt":"2022-03-05T02:14:07","slug":"shopping-spree-local-buyer-jumps-on-second-community-in-a-week-2","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/shopping-spree-local-buyer-jumps-on-second-community-in-a-week-2\/","title":{"rendered":"Shopping Spree? Local Buyer Jumps on Second Community in a Week"},"content":{"rendered":"<p><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/06\/Ashford-Walk.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-353793\" title=\"Ashford Walk\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/06\/Ashford-Walk.jpg\" alt=\"Ashford Walk in Doraville, Ga\" width=\"300\" height=\"181\" \/><\/a>It seems that one property a week is just not enough to satiate the appetite of this Atlanta-based company.<\/p>\n<p>Immediately after the acquisition of the 255-unit Estates at Ridenour in Kennesaw, <a href=\"https:\/\/www.radco.us\/\" rel=\"nofollow\">RADCO Companies<\/a>, an opportunistic real estate developer with a portfolio of 40 assets (more than half of which are located in Atlanta), closed on another mulifamily purchase in the metro.<\/p>\n<p>RADCO bought the Morningside Apartments from a locally based limited liability company for $13.55 million. The 306-unit community is located in Doraville, in the northeastern suburbs. The 65 buildings were constructed in 1983 on a 23.7-acre site on Pleasantdale Road. The apartments average 851 square feet and come in six different floor plans, with up to three bedrooms and two baths. The common space features amenities such as a fitness facility, business center and a resort-style pool.<\/p>\n<p>The new ownership plans to invest nearly $6 million in capital improvements, which include interior and exterior upgrades, as well as an expansion of the amenity package. Morningside Apartments will also join RADCO\u2019s Ashford brand and will be known further on as Ashford Walk. The other recent addition was rebranded Ashford Ridenour. RADCO financed the acquisition with private capital and financing from First Tennessee Bank. Berkadia brokered the transaction.<\/p>\n<p><em>Photo credits:<\/em> <em>The RADCO Companies<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It seems that one property a week is just not enough to satiate the appetite of this Atlanta-based company.<\/p>\n","protected":false},"author":35,"featured_media":1004505678,"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-1004122004","post","type-post","status-publish","format-standard","has-post-thumbnail","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>Shopping Spree? Local Buyer Jumps on Second Community in a Week - 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\/shopping-spree-local-buyer-jumps-on-second-community-in-a-week-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shopping Spree? Local Buyer Jumps on Second Community in a Week\" \/>\n<meta property=\"og:description\" content=\"It seems that one property a week is just not enough to satiate the appetite of this Atlanta-based company.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/shopping-spree-local-buyer-jumps-on-second-community-in-a-week-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=\"2015-06-25T12:40:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-05T02:14:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Ashford-Walk.jpg?w=1024\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\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\\\/shopping-spree-local-buyer-jumps-on-second-community-in-a-week-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/shopping-spree-local-buyer-jumps-on-second-community-in-a-week-2\\\/\"},\"author\":{\"name\":\"Balazs Szekely\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/623e95293ca6c6791bedc7473f548d7f\"},\"headline\":\"Shopping Spree? Local Buyer Jumps on Second Community in a Week\",\"datePublished\":\"2015-06-25T12:40:51+00:00\",\"dateModified\":\"2022-03-05T02:14:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/shopping-spree-local-buyer-jumps-on-second-community-in-a-week-2\\\/\"},\"wordCount\":218,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/shopping-spree-local-buyer-jumps-on-second-community-in-a-week-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/03\\\/Ashford-Walk.jpg\",\"keywords\":[\"Atlanta\",\"National\"],\"articleSection\":[\"Atlanta\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/shopping-spree-local-buyer-jumps-on-second-community-in-a-week-2\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/shopping-spree-local-buyer-jumps-on-second-community-in-a-week-2\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/shopping-spree-local-buyer-jumps-on-second-community-in-a-week-2\\\/\",\"name\":\"Shopping Spree? Local Buyer Jumps on Second Community in a Week - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/shopping-spree-local-buyer-jumps-on-second-community-in-a-week-2\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/shopping-spree-local-buyer-jumps-on-second-community-in-a-week-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/03\\\/Ashford-Walk.jpg\",\"datePublished\":\"2015-06-25T12:40:51+00:00\",\"dateModified\":\"2022-03-05T02:14:07+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/623e95293ca6c6791bedc7473f548d7f\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/shopping-spree-local-buyer-jumps-on-second-community-in-a-week-2\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/shopping-spree-local-buyer-jumps-on-second-community-in-a-week-2\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/shopping-spree-local-buyer-jumps-on-second-community-in-a-week-2\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/03\\\/Ashford-Walk.jpg\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/03\\\/Ashford-Walk.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/shopping-spree-local-buyer-jumps-on-second-community-in-a-week-2\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Shopping Spree? Local Buyer Jumps on Second Community in a Week\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/623e95293ca6c6791bedc7473f548d7f\",\"name\":\"Balazs Szekely\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ea1f85d2af7c0f5d50529126ca4816b84db1c71b7a8a620cda11a7d0dc8c8767?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ea1f85d2af7c0f5d50529126ca4816b84db1c71b7a8a620cda11a7d0dc8c8767?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ea1f85d2af7c0f5d50529126ca4816b84db1c71b7a8a620cda11a7d0dc8c8767?s=96&d=mm&r=g\",\"caption\":\"Balazs Szekely\"},\"description\":\"Balazs covers the workspace trends, tools, and strategies that help organizations make hybrid work actually work, from access and space management to keeping distributed teams connected. A journalist by training with a career spanning radio, print, and digital media, Balazs has held content roles across multiple Yardi products and teams. His writing has been featured in The New York Times, The Washington Post, and The Wall Street Journal, as well as on CBS, CNBC, and more. Outside of work, Balazs is passionate about photography, winter sports, and nature, and never misses a chance to explore a new city. Drop him a line via email.\",\"sameAs\":[\"https:\\\/\\\/www.linkedin.com\\\/\"],\"jobTitle\":\"Senior Creative Writer\",\"worksFor\":\"WorkCafe\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/balazs-szekely\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Shopping Spree? Local Buyer Jumps on Second Community in a Week - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/shopping-spree-local-buyer-jumps-on-second-community-in-a-week-2\/","og_locale":"en_US","og_type":"article","og_title":"Shopping Spree? Local Buyer Jumps on Second Community in a Week","og_description":"It seems that one property a week is just not enough to satiate the appetite of this Atlanta-based company.","og_url":"https:\/\/www.commercialsearch.com\/news\/shopping-spree-local-buyer-jumps-on-second-community-in-a-week-2\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2015-06-25T12:40:51+00:00","article_modified_time":"2022-03-05T02:14:07+00:00","og_image":[{"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Ashford-Walk.jpg?w=1024","width":1024,"height":1024,"type":"image\/jpeg"}],"author":"Balazs Szekely","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/shopping-spree-local-buyer-jumps-on-second-community-in-a-week-2\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/shopping-spree-local-buyer-jumps-on-second-community-in-a-week-2\/"},"author":{"name":"Balazs Szekely","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/623e95293ca6c6791bedc7473f548d7f"},"headline":"Shopping Spree? Local Buyer Jumps on Second Community in a Week","datePublished":"2015-06-25T12:40:51+00:00","dateModified":"2022-03-05T02:14:07+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/shopping-spree-local-buyer-jumps-on-second-community-in-a-week-2\/"},"wordCount":218,"commentCount":0,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/shopping-spree-local-buyer-jumps-on-second-community-in-a-week-2\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Ashford-Walk.jpg","keywords":["Atlanta","National"],"articleSection":["Atlanta","News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.commercialsearch.com\/news\/shopping-spree-local-buyer-jumps-on-second-community-in-a-week-2\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/shopping-spree-local-buyer-jumps-on-second-community-in-a-week-2\/","url":"https:\/\/www.commercialsearch.com\/news\/shopping-spree-local-buyer-jumps-on-second-community-in-a-week-2\/","name":"Shopping Spree? Local Buyer Jumps on Second Community in a Week - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/shopping-spree-local-buyer-jumps-on-second-community-in-a-week-2\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/shopping-spree-local-buyer-jumps-on-second-community-in-a-week-2\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Ashford-Walk.jpg","datePublished":"2015-06-25T12:40:51+00:00","dateModified":"2022-03-05T02:14:07+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/623e95293ca6c6791bedc7473f548d7f"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/shopping-spree-local-buyer-jumps-on-second-community-in-a-week-2\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/shopping-spree-local-buyer-jumps-on-second-community-in-a-week-2\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/shopping-spree-local-buyer-jumps-on-second-community-in-a-week-2\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Ashford-Walk.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Ashford-Walk.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/shopping-spree-local-buyer-jumps-on-second-community-in-a-week-2\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Shopping Spree? Local Buyer Jumps on Second Community in a Week"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/623e95293ca6c6791bedc7473f548d7f","name":"Balazs Szekely","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/ea1f85d2af7c0f5d50529126ca4816b84db1c71b7a8a620cda11a7d0dc8c8767?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/ea1f85d2af7c0f5d50529126ca4816b84db1c71b7a8a620cda11a7d0dc8c8767?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ea1f85d2af7c0f5d50529126ca4816b84db1c71b7a8a620cda11a7d0dc8c8767?s=96&d=mm&r=g","caption":"Balazs Szekely"},"description":"Balazs covers the workspace trends, tools, and strategies that help organizations make hybrid work actually work, from access and space management to keeping distributed teams connected. A journalist by training with a career spanning radio, print, and digital media, Balazs has held content roles across multiple Yardi products and teams. His writing has been featured in The New York Times, The Washington Post, and The Wall Street Journal, as well as on CBS, CNBC, and more. Outside of work, Balazs is passionate about photography, winter sports, and nature, and never misses a chance to explore a new city. Drop him a line via email.","sameAs":["https:\/\/www.linkedin.com\/"],"jobTitle":"Senior Creative Writer","worksFor":"WorkCafe","url":"https:\/\/www.commercialsearch.com\/news\/author\/balazs-szekely\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Ashford-Walk.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004122004","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004122004"}],"version-history":[{"count":2,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004122004\/revisions"}],"predecessor-version":[{"id":1004554053,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004122004\/revisions\/1004554053"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004505678"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004122004"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004122004"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004122004"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}