Winnstead apt

Cushman & Wakefield’s Atlanta office announced today that its Equity, Debt and Structured Finance Group has arranged a $90 million joint venture recapitalization of a portfolio of apartment communities owned and operated by Peak Capital Partners. The portfolio included 1,249 units across five multifamily properties in Atlanta, Charlotte, Dallas and Denver.

The joint venture equity was provided by an international investor, and senior financing was raised from both GSE and conduit lenders. The equity partner will fund new acquisitions for the sponsor, Peak Capital Partners, on an ongoing basis.

The transaction included Winnstead Apartments in Atlanta, The Azul and Brookfield Apartments in Dallas, Foothills Park in Denver, and Links at Citiside Apartments in Charlotte.
Cushman & Wakefield’s Equity, Debt and Structured Finance team included Mike Ryan, Telly Fathaly, John Alascio, Jeff Walker and Brian Linnihan.