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Collins shopping spree.


Ari Parnes, principal and managing director of Collins Group LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, announced the group's seventh acquisition in the metro Atlanta area: Saratoga Springs Saratoga Springs, resort and residential city (1990 pop. 25,001), Saratoga co., E N.Y.; inc. as a village 1826, as a city 1915. Skidmore College is the largest source of employment, but the city also has light manufacturing.  Apartments in Duluth, Georgia.

The seller was Canadian-based Milestone Group. Financing was provided by Wachovia Bank, NA.

The upscale 266-unit community was acquired for $11.5 million, free and clear of debt. Bill Shippen Ship´pen

n. 1. A stable; a cowhouse.
 of Apartment Realty Advisors (ARA Ara or Arrah (both: ŭ`rə), city (1991 pop. 157,082), Bihar state, NE India, on the Son Canal. A major road and rail junction, it is the administrative center for a district that produces grain, sugarcane, and oilseed. ) acted as broker, which marked Collins' third deal in Gwinnett County, and the Group's tenth new property acquired in 2005.

Collins plans to continue its aggressive pace of acquisition throughout the coming year in all its focus markets. It plans to increase asset profitability at Saratoga Springs while not compromising the overall tenant residential experience.
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Title Annotation:Collins Group LLC acquires Milestone Group
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1CANA
Date:Jan 18, 2006
Words:116
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