Multifamily Sale

Chicago?s Westdale Investment Partners plunked down $14.6 million for Forest Hills at Vinings, an apartment complex off Cumberland Parkway in Cobb County. The seller, an affiliate of Wrightwood Capital, is also based in Chicago. Kevin Geiger,Malcolm McComb, and Paul Berry of CB repped the seller. This is the second Atlanta apartment community Westdale has scooped up in the past two years.  ?We think this location and this asset are particularly well-positioned as Atlanta begins to enter its recovery phase,? said David Carlson, managing principal of Westdale.  Did we hear the word recovery? Yeah baby!

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