August 20, 2014 (Atlanta, GA) Marquise Investments, LLC purchased a 392 unit multi-family property, formerly known as The Avenues. Renamed Marquise Eight-Five, the property was purchased for 18,032,000 from V.C.P. The Avenues, LLC on August 20, 2014. “The purchase of the Avenues was a unique opportunity to buy in town housing well below replacement cost.”- […]
Author: marquis
Sold- Marquise Glen
July 17, 2014 (Tucker, GA) Marquise Investments, LLC sold Marquise Glen, its 174 unit property located in Tucker, GA. Marquise Investments purchased Marquise Glen for $2,610,000 on November 4, 2010. The units sold for a total of $7,050,000 on July 17, 2014. “This purchase and sale validates 3 R strategy of Recapitalizing, Renovating and Repositioning […]
Marquis at Lenox
August 2013 (Buckhead). Marquis Investments refinanced Marquis at Lenox its 192 unit multifamily property located in North Buckhead. Marquis’ returned all of its investors’ equity and the property continues to increase in performance. Financing was provided by UBS with Grandbridge Real Estate Capital facilitating the transaction. Blair Schlossberg, a Managing Member of Marquis Investments, commented, “This […]
Marquis Parc & Marquis Forest
June 27, 2013 (Tucker, GA). Marquis Investments purchased Southern Place and Southern Pines which consists of 663 units located in the Tucker submarket of Atlanta. The properties have been renamed Marquis Parc and Marquis Forest, respectively. These properties were purchased with a new strategic foreign equity partner and financed by Northstar Realty Finance Corporation. The […]
Marquis 9 Property Portfolio Acquisition
June 7, 2013 (Atlanta, GA). Marquis Investments acquired 9 properties containing 1,187 units in the Buford Hwy/North Druid Hills corridor from Wilkinson Real Estate Advisors, Inc. Moshe Manoah, a Managing Member of Marquis Investments, commented, “This ideally located portfolio will perform extremely well under our proven “3R Strategy” of Recapitalizing, Renovating and Repositioning multifamily properties.” The […]