{"id":1004128270,"date":"2015-09-28T06:13:10","date_gmt":"2015-09-28T14:13:10","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=362133"},"modified":"2022-12-13T00:03:47","modified_gmt":"2022-12-13T08:03:47","slug":"canadian-investor-grows-in-duluth","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/canadian-investor-grows-in-duluth\/","title":{"rendered":"Canadian Investor Grows in Duluth"},"content":{"rendered":"<div id=\"attachment_362134\" class=\"wp-caption alignright\" style=\"width: 310px\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/09\/Berkeley-Landing-Apartments-duluth-ga.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-362134\" title=\"Berkeley Landing Apartments duluth ga\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/09\/Berkeley-Landing-Apartments-duluth-ga.jpg\" alt=\"Berkeley Landing Apartments\" width=\"300\" height=\"198\" \/><\/a><\/p>\n<p class=\"wp-caption-text\">Berkeley Landing Apartments<\/p>\n<\/div>\n<p>A Toronto-based multifamily investor announced its third purchase in Metro Atlanta. <a href=\"https:\/\/emma-capital.com\/\">Emma Capital Investments<\/a>\u00a0closed the acquisition of a 240\u2013unit garden style multifamily apartment community in Duluth. The transaction was worth $21.5 million.<\/p>\n<p>Berkeley Landing Apartments is situated on 22.2 acres at 3700 Peachtree Industrial Blvd. in Duluth, North Gwinnett County. The property features 240 units in 24 two- and three-story buildings as well as a leasing office. The unit mix offers one- and two-bedroom layouts on three different floor plans, averaging 1,128 square feet. Over two thirds of the property is made up of 1,200-square-foot two-bedroom, two-bathroom units. The new owner plans to implement a number of capital improvements such as a unit upgrade program in order to change the original interior finishes.<\/p>\n<p>This is Emma Capital\u2019s 11th addition to its US portfolio and brings the Canadian company\u2019s total acquisitions to date to over $150 million and more than 2,500 apartment units in the Phoenix and Atlanta markets.<\/p>\n<p><em>Image source: berkeleylanding.com<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Canadian multifamily investor has announced the acquisition of 240&ndash;unit community in the Duluth submarket.<\/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":[39387,682],"class_list":["post-1004128270","post","type-post","status-publish","format-standard","hentry","category-atlanta","category-latest","tag-atlanta","tag-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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