Marcus Partners And ECI Group Acquire Panther Riverside Parc In Atlanta For $44.7M
1925 Waycrest Drive Southwest
$44,700,000
Units
280
Asset Type
MultiFamily
Closing
Feb 17, 2026
AI
The property involved in the transaction is a multifamily asset located at 1925 Waycrest Drive Southwest in Atlanta, GA. It was sold for $44,700,000, which corresponds to a price per unit of $159,643 across its 280 units.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $44,700,000
- Buyer: Marcus Partners & ECI Group
- Seller: Panther Residential Management
- Units: 280
- Price Per Unit: $159,643
- Market: Atlanta, GA
- Sale Date: 02/17/2026
In this transaction, Marcus Partners and ECI Group have entered into their third recent deal in Atlanta with the acquisition of Panther Riverside Parc. Marcus Partners is known for its focus on value-add strategies across multiple sectors, while ECI Group manages over 6,000 units in the Southeast and Texas. Renovation plans are in place for this newly acquired asset.
Players
Atlanta MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.35%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93