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Walton Lakes Offloads Two Atlanta Rental Properties

Walton Communities has sold off Walton Lakes, a 305-unit, market-rate multifamily community, and The Legacy at Walton Lakes, a 126-unit, 55+ LIHTC community, both in Atlanta. Clark Ventures was the bu

Summary

Walton Communities has sold off Walton Lakes, a 305-unit, market-rate multifamily community, and The Legacy at Walton Lakes, a 126-unit, 55+ LIHTC community, both in Atlanta.

Clark Ventures was the buyer.

The buyer was able to assume HUD financing for Walton Lakes. JLL represented the buyer on the affordable acquisition financing of Legacy. Completed in...

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