redIQ Deal Highlight: Investors Management Group Acquires The Columns at Vinings
redIQ Deal Highlight: Investors Management Group Acquires The Columns at Vinings
redIQ would like to congratulate the team at Investors Management Group for finalizing the acquisition of The Columns at Vinings in Atlanta for $71.5 Million. The community was built in 1985 and purchased from its first owner, ECI Group.
Last month, Atlanta was named the best place to live by Money. Atlanta has a strong job market and a lower unemployment rate than the national average. The tech industry, in particular, is fueling much of this strength in Atlanta, with startups and established companies moving into the area. Other recent transactions in the area include Leaf Stone Apartments, Sidney at Morningside and Park 35 Apartments.
About redIQ
For over ten years, redIQ has provided a comprehensive and dependable underwriting service for multifamily acquisitions teams, brokers, and lenders focused on mid and large-size assets. redIQ's solutions lead the industry and support the full underwriting process, from standardizing financial documents to producing a final valuation. With our system, analysis takes less time and decision makers can move forward with greater confidence. redIQ users can close more deals, produce better returns, and spend less time worrying about downside.
