QR CAPITAL BUYS TWO GA. MULTIFAMILY PROPERTIES FOR $15.75M

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PEACHTREE CITY AND TUCKER, GA. — Atlanta-based QR Capital has acquired two multifamily properties, the 180-unit Concord Village in Peachtree City and the 180-unit Gwinnett Station in Tucker, from Harmony Properties for $15.75 million. QR Capital plans to complete $2.3 million in renovations to the properties. Brad Simmel and Shea Campbell of CB Richard Ellis' Atlanta office represented the seller in the transaction. Richard Jordan and Matt Forgione of CBRE's Atlanta office secured debt financing through NXT Capital.

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