CROWN BAY GROUP OVERCOMES ECONOMIC HEADWINDS TO ACQUIRE WORKFORCE HOUSING . $35 million acquisition is firm’s largest acquisition to date. ATLANTA — Crown Bay Group, LLC (Crown Bay), an Atlanta-based multifamily real estate investment firm, announces the purchase of Cameron Run in an off-market transaction that was finalized on December 30. Located in southwest… Continue reading CROWN BAY GROUP ACQUIRES MORE WORKFORCE HOUSING
CROWN BAY GROUP ACQUIRES MORE WORKFORCE HOUSING
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WHY SPONSORS MIGHT NOT INVEST
How much capital should a sponsor invest in a deal? It’s a fair question, and one that investors may ask to gauge how vested the sponsor is in a deal. Typically, the prevailing thinking is that when sponsors invest their own capital, they have “skin in the game,” and, therefore, are more incentivized to… Continue reading WHY SPONSORS MIGHT NOT INVEST
WORKFORCE HOUSING INVESTOR TRADES ANOTHER APARTMENT COMMUNITY
ATLANTA — Crown Bay Group, LLC (Crown Bay), an Atlanta-based multifamily real estate investment firm, announces the latest in a string of multifamily housing transactions, underscoring the continued strength and profitability of market-rate, workforce housing assets in the Atlanta area. The firm sold Ashgrove, a 92-unit apartment community in Stone Mountain, Ga. to Quattro Capital,… Continue reading WORKFORCE HOUSING INVESTOR TRADES ANOTHER APARTMENT COMMUNITY