Atlantic Pacific expands multi-family portfolio

Atlantic | Pacific is increasing the size of its portfolio of multi-family properties, adding projects in Georgia, Texas, North Carolina and Florida. “The company has held this land for a few years,” said Mark Briggs, senior managing director for the company in Atlanta. “South Florida’s multi-family market has recovered and we thought it was a good time to put this land into production with for-rent product.” The company’s latest Florida project is the Atlantic Doral Grande, which it announced last month. The Atlantic will be a 360-unit project set to break ground this spring. [GlobeSt]