Atlanta Luxury Apartment Spalding Crossing Acquired By StoneBridge Investments

StoneBridge Investments has acquired Spalding Crossing, a 252-unit luxury community that sits between Atlanta’s Sandy Springs and Dunwoody neighborhoods. Equity was provided by an offshore investment group, along with a co-investment by a StoneBridge affiliate based in the Netherlands. SunTrust Bank provided a $24.3 million acquisition loan. The renovation will involve up to $2.7 million aimed…