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

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

Crown Bay Group sells two-property portfolio in metro Atlanta.   ATLANTA — Crown Bay Group, LLC (Crown Bay), an Atlanta-based multifamily real estate investment firm, announces the sale of a portfolio of two multifamily apartment communities — Southlake Cove in Jonesboro, Ga. and Vineyard Pointe in Riverdale, Ga. — to R. James Properties, Inc. for… Continue reading MORE ATLANTA WORKFORCE HOUSING SELLS FOR TOP PRICES

Significant returns show forced appreciation at work, historical stability of asset type.   ATLANTA — Crown Bay Group, LLC (Crown Bay), an Atlanta-based multifamily real estate investment firm, announces another successful real estate sale in a string of recent transactions that demonstrates the strength of the market-rate, workforce housing product in Atlanta. The firm sold… Continue reading CROWN BAY GROUP SELLS APARTMENT COMPLEX FOR $37 MILLION

200+ units added to workforce housing portfolio; over $50 million invested in 2021.   ATLANTA — Crown Bay Group, LLC (Crown Bay), an Atlanta-based multifamily real estate investment firm, closed out 2021 with the acquisition of a two-property multifamily housing portfolio totaling over 200 units in East Point, Georgia. The transaction was finalized with a private Atlanta real estate investor in December for $20.45… Continue reading CROWN BAY GROUP ACQUIRES TWO MORE PROPERTIES IN $20+ MILLION INVESTMENT

CROWN BAY GROUP SELLS TWO WORKFORCE HOUSING COMMUNITIES FOR $23 MILLION Transactions exceed proforma following short, pandemic holds.   ATLANTA — Crown Bay Group, LLC (Crown Bay), an Atlanta-based multifamily real estate investment firm, announces the sale of two metro Atlanta workforce housing communities. In Atlanta, Soundview Equities LLC acquired Cascade Oaks for $12.4 million on November… Continue reading CROWN BAY SELLS TWO APARTMENT COMMUNITIES FOR $23M

CROWN BAY GROUP ACQURIES THE PARK AT NETHERLEY IN SOUTH ATLANTA Workforce housing community adds nearly 300 units to management portfolio.   ATLANTA — Crown Bay Group, LLC (Crown Bay), an Atlanta-based multifamily real estate investment firm, announces the acquisition of its highest-priced multifamily housing asset to date. The firm acquired The Park at Netherley in Union… Continue reading CROWN BAY ACQUIRES THE PARK AT NETHERLEY