Jordan Clark Of Clark Ventures Purchases Walton Lakes Multifamily Portfolio From Barry Teague For $305M

The transaction involves a multifamily asset located at 4687 Camp Creek Parkway, Atlanta, GA. The property encompasses 431 units situated on approximately 35.83 acres. The sale includes the Walton Lakes portfolio, which comprises the 305-unit market-rate Walton Lakes and the 126-unit affordable Legacy at Walton Lakes.

The brokers from JLL Capital Markets were instrumental in arranging the sale and advising on the transaction. Clark Ventures assumed existing HUD financing for Walton Lakes and also received guidance from JLL on the affordable housing acquisition financing for Legacy at Walton Lakes.