Atlanta-based Radco Companies has been unloading its multifamily portfolio, piling up cash for what it hopes will be a discount shopping spree. This week alone the company sold six buildings in the Atlanta suburbs and one in Charlotte for a total of $315.6 million, CEO Norman Radrow told Bloomberg News. Radco has sold 28 of the 59 apartment properties it has purchased since 2011, and it’s not done. The firm is marketing 18 rental communities
source https://therealdeal.com/2020/09/02/radco-sells-multifamily-portfolio-for-316m/
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