Press Releases

EQUUS ANNOUNCES THE SALE OF MADISON VININGS RIDGE IN ATLANTA, GEORGIA

<html xmlns="http://www.w3.org/1999/xhtml"> <head></head> <body> <p><img src="/media/eae85014-f33a-471b-806a-129d6ee12d1a/@Madison Vinings Ridge/MVR_Ext_090_jpg" /></p> <p><strong>PHILADELPHIA, PA. – August 11, 2015</strong> – Equus Capital Partners, Ltd. (Equus), one of the nation’s leading private equity fund managers, announced today the sale of Madison Vinings Ridge. The 494 unit apartment community is located in the Cumberland/Galleria neighborhood of Northwest Atlanta which is home to the new Atlanta Braves’ stadium, Sun Trust Park. The community was sold to a joint venture made up of Titan Real Estate Investment Group and an Institutional Investor.&#160; At the time of the sale, the community was 96 percent leased.</p> <p>“Anticipation of future growth in the immediate area associated with the new Atlanta Braves’ mixed use development resulted in extraordinary investor interest in this uniquely located apartment community,” commented Greg Curci, vice president of Equus who was responsible for overseeing the disposition for the firm.</p> <p>Located less than one mile from the interchange of I-285 and I-75 in the Cumberland/Galleria area, Madison Vinings Ridge offers convenient access to Atlanta’s Buckhead and Downtown areas as well as the city’s northwest employment centers. The garden style apartment community offers a diverse mix of one, two, and three bedroom apartments in a low-density and attractive setting. Community amenities include two outdoor pools, a fitness center and a playground, as well as direct access to the adjacent Chattahoochee River National Recreation Center.</p> <p>An affiliate of Equus acquired Madison Vinings Ridge from Post Properties in 2008.&#160; The transaction was made on behalf of BPG Investment Partnership VIII, L.P., a $530 million private equity fund.</p> <p><strong>About Equus Capital Partners, Ltd.</strong><br /> Equus Capital Partners is one of the nation’s leading private equity real estate fund managers.&#160; Equus’ portfolio consists of over 24 million square feet of office, retail, and industrial properties and nearly 16,000 apartment units in over 60 communities located throughout the United States. The firm is headquartered in the Philadelphia area with regional offices in Los Angeles, Chicago, Washington D.C., Boston, Atlanta, and Raleigh-Durham. For additional information, please visit the company’s website at <a href="http://www.equuspartners.com/">www.equuspartners.com</a>.</p> <p><strong>For additional information on the company, please contact:</strong><br /> Joseph G. Nahas, Jr, Senior Vice President, (215) 575-2363</p> <p><strong>For additional information on the transaction, please contact: <br /> </strong> Greg Curci, Vice President, (215) 575-2307 or <a href="mailto:gcurci@equuspartners.com">gcurci@equuspartners.com</a><br /></p> </body> </html>