Balfour Beatty Communities Bolsters MF Portfolio with Nesbitt Palisades Buy

Home / Balfour Beatty Communities Bolsters MF Portfolio with Nesbitt Palisades Buy

Philadelphia-based multifamily firm Balfour Beatty Communities partnered with Harbert United States Real Estate Fund VI, L.P. (“HUSREF VI”), an investment fund sponsored by Harbert Management Corp., to acquire the 437-unit Nesbit Palisades in Alpharetta, GA from Resource America. Terms of the deal were not disclosed. Located at 8520 S. Holcomb Bridge Way, Nesbit Palisades is a garden-style complex comprised of one-, two- and three-bedroom apartments…

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