Westmar Student Lofts - Atlanta, GA

 

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Atlanta, Georgia
Student Housing
Georgia Tech, Georgia State
1,214
368
$2 Million
September 2010
5%
Cardinal Group LLC; Fundamental Advisors

Westmar


Edgewood Companies, in partnership with Cardinal Group Investments and Fundamental Advisors, purchased Westmar Student Lofts (formerly known as Metropointe Lofts) in August 2010. Although of high quality construction and best in class amenities, prior to acquisition the distressed property suffered from significant reputational issues and had been foreclosed by the lender. Westmar Student Lofts represents a true turnaround and value add opportunity.

Capital improvements and rebranding efforts have combined with expert management to transform Westmar Students lofts into a vibrant, successful, high occupancy community.For more information about Westmar Student Lofts, click here.

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