RangeWater Spends $55M on Atlanta Rental Community
Bell Partners sold Bell Buckhead West for $54.9 million. RangeWater Residential was the buyer. Bell Partners paid $62 million to acquire the asset in 2017, which is at 3201 Downwood Cir. in Atlanta. RangeWater renamed the property Blaine Buckhead West. Rents at Blaine Buckhead…
Bell Partners sold Bell Buckhead West for $54.9 million. RangeWater Residential was the buyer. Bell Partners paid $62 million to acquire the asset in 2017, which is at 3201 Downwood Cir. in Atlanta. RangeWater renamed the property Blaine Buckhead West. Rents at Blaine Buckhead…
BELLINGS Intelligence Score: 10
Why it matters
This is a routine commercial real estate transaction involving a $55 million multifamily property acquisition, reflecting ordinary market activity without novel structure or broad market impact.
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RangeWater Spends $55M on Atlanta Rental Community
Bell Partners sold Bell Buckhead West for $54.9 million. RangeWater Residential was the buyer. Bell Partners paid $62 million to acquire the asset in 2017, which is at 3201 Downwood Cir. in Atlanta. RangeWater renamed the property Blaine Buckhead West. Rents at Blaine Buckhead…