NEW YORK–(BUSINESS WIRE)–Admiral Capital Group and Wood Partners announced today that they
successfully completed the sale of 3833 Peachtree, a 222-unit
multifamily property located in Atlanta, on May 23, 2016.
Admiral Capital and Wood Partners, as a joint venture, originally
acquired 209 of the 240 units in the broken condominium conversion
project in 2012. The investment provided an opportunity to acquire a
well-located asset in need of value-add capital at a discount to
During its ownership, Admiral repositioned the property to enhance its