Newmark Arranges Sale and Financing of 270-Unit Multifamily Community in Atlanta

October 21, 2025 9:00 AM

Newmark announces the Company has arranged the sale and financing of Virginia Highlands Apartment Homes (“Virginia Highlands”), a 270-unit multifamily community in Atlanta, Georgia. Newmark Multifamily Capital Markets Senior Managing Director Brooks Colquitt represented the undisclosed seller in the sale transaction. Newmark Co-President of Global Debt & Structured Finance Jordan Roeschlaub, Vice Chairman Nick Scribani and Managing Director Nina Russo secured the financing on behalf of the undisclosed buyer.

“Investor demand for well-located, infill assets like Virginia Highlands remains strong, particularly in dynamic urban markets such as Atlanta,” said Colquitt. “The property’s combination of walkability, transit connectivity and proven value-add performance made it a compelling acquisition opportunity.”

Constructed in 1988, Virginia Highlands is a vintage-style community offering renovated and new one- and two-bedroom apartment homes. Unit interiors feature expansive kitchens with granite countertops, walk-in closets and private patios. Community amenities include an outdoor covered kitchen with grills and TVs, a pool with a sundeck and a car wash station.

Located in the historic Virginia Highland neighborhood, the property offers direct access to Atlanta’s BeltLine and boasts a Walk Score of 89. Residents enjoy proximity to Ponce City Market, Piedmont Park and a vibrant mix of local retail, dining and entertainment.

Multifamily demand in the U.S. surged to record levels during the second quarter of 2025, pushing annual absorption to its highest on record and significantly outpacing long-term averages, according to Newmark Research. Despite significant supply growth in the Sun Belt, the strongest leasing activity relative to existing units continued in high-growth markets like Atlanta.

About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the twelve months ended June 30, 2025, Newmark generated revenues of over $2.9 billion. As of June 30, 2025, Newmark and its business partners together operated from 165 offices with over 8,400 professionals across four continents. To learn more, visit nmrk.com or follow @newmark.

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