Atlanta, Feb. 15, 2017
– The Colliers International East Region Multifamily Advisory Group represented an Institutional REIT in the $109 million sale of an 680-unit portfolio consisting of three multifamily properties in Vinings, Ga, a highly desirable area of Atlanta, Ga.: The Peak at Vinings Mountain, The Views at Vinings Mountain, Lakeside at Vinings Mountain, collectively known as The Residences at Vinings Mountain were included in this transaction. San Francisco-based Hamilton Zanze purchased all three properties.
Will Mathews of Colliers International East Region Multifamily Advisory Group team represented the REIT in the transaction.
“This was a unique opportunity to purchase a traditional value-add portfolio with world class amenities in one of Atlanta’s most coveted neighborhoods inside the perimeter, only minutes from the new home of The Braves – SunTrust Park” said Mathews, Principal and Vice President of Colliers East Region Multifamily Advisory Group.
"I am thrilled at the execution by Will Mathews and the exceptional opportunity that the Vinings Portfolio represented for Hamilton Zanze and our investors. We will continue to target the Atlanta market as we begin our march into the Southeastern United States seeking opportunities for our investors." - David Nelson, Hamilton Zanze Managing Director