redIQ Deal Highlight: Adams Investor Group Acquires East Ponce Village
redIQ Deal Highlight: Adams Investor Group Acquires East Ponce Village
redIQ would like to congratulate the team at Adams Investor Group for finalizing the acquisition of East Ponce Village in Stone Mountain, Georgia, near Atlanta, for $75,000,000. East Ponce Village was purchased from Emerald Equity Group. Adams Investor Group received financing from Fannie Mae. The asset was built in 1986.
The Atlanta market is a strong one, with headquarters of companies including Delta and Coca-Cola. Other recent transactions in the area include the acquisition of Haltson Riverside by Ashcroft Capital.
About redIQ
Since 2012, redIQ has led in the multifamily analytics and underwriting software space. Six of the top ten acquisitions teams and eight of the top ten brokerages rely on redIQ daily. Every year, more than 30% of all multifamily transactions pass through the platform. Our platform allows CRE professionals to extract and standardize data from deal financials instantaneously, gain deep insights into every property, and generate a comprehensive underwriting, with our model or their own. Our robust set of features includes floor plan summaries, cash flow analysis, hyperlocal comp sets, easy deal sharing, preset assumptions underwriting templates, and more. redIQ will always provide better insights and faster underwriting. These empower our users to make smarter investment decisions.
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