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Bruce Wobeck, Tim Pollock Close Apartment Acquisition

01.16.2008

Partners Bruce Wobeck and Tim Pollock represented multifamily real estate firm Lane Company in a recent acquisition. Lane Company and Griffin Realty Advisors acquired River Heights Apartments in Marietta, GA for $40.7 million. The partnership plans extensive interior and exterior renovations to the property.

Located at 3702 River Heights Crossing in Marietta, the community has 384 one-, two-, and three-bedroom apartments, including some with dens or lofts. Located off exclusive Columns Drive, River Heights borders the Chattahoochee National Forest and the Atlanta Country Club. It is the only rental community in the immediate area.

Morris, Manning & Martin, LLP, (www.mmmlaw.com) enjoys national prominence for its corporate finance, securities, litigation, technology, intellectual property, real estate and real estate capital markets, environmental, insurance and healthcare practices. The firm has offices in Atlanta, Washington, D.C., Charlotte, Raleigh-Durham and Princeton.

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