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 properties will be managed by Star Residential. Blair Schlossberg, a Managing Member of Marquis Investments, stated, “The properties were purchased at a favorable entry point and will allow for us to renovate and manage for significant investor return.”
Marquis Investments is actively seeking value-add multifamily acquisition opportunities in the United States. Please contact Blair Schlossberg at (770)-391-1233 for more information.