Business
Business

Atlanta-based real estate firm acquires $154M portfolio

By Staff Staff
Nov 28, 2012

An Atlanta-based multi-family real estate specialist has purchased a $154 million portfolio of properties in a deal that makes it one of the largest private apartment owners in the metro area.

Cortland Partners announced Tuesday the move to buy properties in Dallas, Houston and Jacksonville, which will increase the firm’s real estate holdings by 20 percent.

The firm’s chief executive, Steven DeFrancis, said the deal marks the firm’s first foray into Florida and will triple its presence in Texas. Cortland Partners now has more than 10,000 units across the region.

About the Author

Staff Staff
More Stories

Keep Reading

Tugboats push a container ship into a berth at the Georgia Ports Authority's Garden City Terminal. (Photo courtesy of Georgia Ports Authority)

Credit: courtesy of Georgia Ports Authority

Georgia ports book record trade, brace for slowdown as April tariffs loom

The Georgia Ports Authority's business has remained robust through March. But more tariffs that Trump has threatened to introduce in April could dent record trade.

TEDWomen is no more, but its new iteration is staying in Atlanta

Philanthropist MacKenzie Scott donates $10 million to Georgia community lender

MacKenzie Scott, philanthropist and ex-wife of Jeff Bezos, gave Access to Capital for Entrepreneurs the biggest gift it's ever received.

The Latest

Tugboats push a container ship into a berth at the Georgia Ports Authority's Garden City Terminal. (Photo courtesy of Georgia Ports Authority)

Credit: courtesy of Georgia Ports Authority

Georgia ports book record trade, brace for slowdown as April tariffs loom

You’ll soon be able to get your Chick-fil-A sauces in bulk. Here’s where

King of Pops’ secret ingredient? Having fun at work. Its founder says you can too

Featured

CIA Director John Ratcliffe, joined at center by Director of National Intelligence Tulsi Gabbard, testifies as the Senate Intelligence Committee holds its worldwide threats hearing, on Capitol Hill in Washington, Tuesday, March 25, 2025. (AP Photo/J. Scott Applewhite)

Credit: AP

‘What absolute clowns’: Ossoff blasts senior Trump administration officials over group chat

While Republicans downplayed the incident, Georgia Sens. Jon Ossoff and Raphael Warnock blasted the news that a journalist was included on a group chat with Trump officials.

Crews assessing sinkhole on North Avenue near Coca-Cola headquarters

Financial tech startup Greenwood moving from Atlanta to Tulsa under new CEO

The company co-founded by Killer Mike is charting a new path. “The headquarters, candidly, should have probably always been in Greenwood,” the new CEO said.