Atlantic Pacific Companies & Highline Real Estate Capital Secures $13 Million Loan For 101-Unit Multifamily In Decatur

The property involved in this transaction is Arcadia Decatur, a multifamily apartment community located at 220 North Arcadia Avenue in Decatur, Georgia. The asset includes 101 units and is positioned within a competitive market for multifamily housing. The acquisition was financed through a loan amounting to $13,000,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $13,000,000
• Address: 220 North Arcadia Avenue
• Market: Decatur, GA
• Units: 101
• Landlord: Atlantic Pacific Companies & Highline Real Estate Capital
• Brokers: Abigail Beauchamp, Matthew Robbins & Scott Wadler - Berkadia
• Loan Type: Acquisition

Key players in the transaction included Atlantic Pacific Companies and Highline Real Estate Capital as the landlords, while the brokerage team responsible for securing the loan was comprised of Abigail Beauchamp, Matthew Robbins, and Scott Wadler from Berkadia. This collaboration aimed to facilitate the acquisition of the apartment community through a structured loan arrangement.