Firm partners with GE to keep Pace with multi-family.ATLANTA, GA: GE Real Estate has purchased a suburban multifamily property in partnership with Investment Realty realty n. a short form of "real estate." (See: real estate) REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property. Holdings LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control for $27.7 million. Investment Realty Holdings, LLC with offices in Birmingham, AL and Atlanta, GA specializes in the ownership, acquisition and management of Class A apartment properties in the southeast. The garden-style project, Paces Park Apartments, includes 250 units and is located in Decatur, Georgia, an in-fill area of Atlanta. The acquisition aligns with GE Real Estate's current strategy of acquiring and repositioning repositioning Laparoscopic surgery The changing of a Pt's position during a procedure to improve access or visualization of the operative field, which may be linked to complications, as it changes anatomic planes of operation. Cf Laparoscopic surgery. well-located, underperforming assets underperforming asset An asset that earns a lower rate of return than it would be capable of earning if it were properly used. A firm with underperforming assets is a prime target for takeover. Compare nonperforming asset. in recovery markets. This is the first deal that GE has closed with Investment Realty Holdings LLC. Guy Savage, managing partner, Investment Realty Holdings LLC, commented: "GE has stepped up to the plate and turned a deal around in 22 days; that is action, not words." |
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