Ga. Developer, Texas PE Fund Team Up In Ga. Luxury Unit Buy

Law360, New York (November 7, 2012, 8:11 PM EST) -- Texas private equity fund Admiral Capital Real Estate Fund has partnered with Atlanta developer Wood Partners to buy up more than 200 units in Atlanta's luxury residential building The Brookhaven, the companies said Wednesday.

Admiral Capital and Wood Partners bought 209 residential units in the 17-story building in a joint venture, according to a statement by the firms, which did not disclose the value of the purchase. Representatives for the companies could not immediately be reached for comment Wednesday.

The building has a total of 240...
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