Lyon Capital Ventures recently entered the Atlanta multifamily market with the purchase of Spring Creek Apartments in Sandy Springs, Ga.
The value of the transaction was $98 million.
The 1,180-unit complex is located at 8085 Brandon Mill Road.
Newport Beach, Calif.-based Lyon is currently under contract on several additional deals in the Atlanta market, according to a press statement.
***
What’s your opinion? Send your Letter to the Editor to opinion@inman.com.