RADCO Buys Big Norcross Complex
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Norman Radow is at it again, this time in Norcross. RADCO Cos just purchased Alderwood at the Lake, a massive 640-unit apartment complex in Norcross for $22M. Norman tells us "we are intimately familiar with the Georgia marketplace and have invested a significant amount of capital into the community." It's an understatement, as Norman has amassed 4,000 units in more than 20 communities in the Southeast. (It's getting easier to just ask which units RADCO doesn't own.)