Matthews Brokers $21.6M Sale of Woodland Commons Apartments in Newnan, Georgia
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Matthews Brokers $21.6M Sale of Woodland Commons Apartments in Newnan, Georgia
NEWNAN, GA. — Matthews Real Estate Investment Services has brokered the $21.6 million sale of Woodland Commons, a 114-unit apartment community located at 22 Forest Circle in Newnan, about 36 miles southwest of Atlanta. Marietta, Ga.-based Arcan Capital purchased the property from TriWest Multifamily in a 1031 exchange and assumed an undisclosed amount of existing debt. The El Segundo, Calif.-based seller had owned the community, which was origin…
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