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PEM Real Estate acquires apartment community in Georgia

  • Region:

    United States of America

  • Sector:

    Real Estate

  • Deal Size:

    $41.5 million

  • Buy Side Company:

    PEM Real Estate Group, LLC
  • Sell Side Company:

    Fickling & Company, Inc.
  • Target Company:

US-based real estate management and development firm, PEM Real Estate Group, LLC, has acquired an apartment community named Lullwater at Richmond Hill, REBusinessOnline reported. The deal is valued at $41.5 million. The seller is real estate management firm Fickling & Company, Inc. The property is a 280-unit apartment community situated in Richmond Hill, Georgia. Cushman & Wakefield represented the seller on the transaction.

Tags:

Multifamily,Commercial real estate deals,Commercial real estate,Real estate deals,Real estate