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A massive South Buckhead property long known as the Darlington apartments, known for its sign displaying Atlanta's population in real time, has been taken over by its lender.
Harbor Group International has assumed ownership of the 623-unit Lofts at Twenty25 after foreclosing Aug. 6 on the $104.7M loan it provided to the building's previous owner, Miami-based Westside Capital Group.
The Norfolk, Virginia-based investor took control of the property at 2025 Peachtree Road NE in a foreclosure sale valued at $92.5M, according to real estate tracking firm Databank.