12th & James: $39 Million sale of luxury apartment community in Atlanta's Upper Westside to be converted to affordable housing
United States, Aug. 5 -- JLL Capital Markets announced that it has secured the $39 million sale of 12th & James, a 214-home luxury apartment community in Atlanta, Georgia.JLL worked on behalf of the seller, Aspen Square Management. The buyer was EQ Housing Advisors, Inc., who partnered with Atlantica Properties to convert the property into long-term affordable housing through a public-private partnership.12th & James, located at 1212 James Jackson Pkwy NW in Atlanta's Upper Westside submarket, offers convenient access to I-285 and I-20, providing residents with rapid commutes to major employment hubs including West Midtown, Buckhead, Cumberland and Downtown Atlanta. The property is ideally positioned to benefit from the area's growing enter...
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