Matheson Capital enters Georgia with purchase of 248-Unit Savannah Property, Residences at St. George, for $38.6M ($155,645/unit)

5/23/2024

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Connect CRE

• Subcategory: MF: Market Rate

• Tag: Sale

• Additional Filters-Subcategory: MF: Garden

• Additional Filters-Tags: Sale: Single Property

• Company: Matheson Capital

Matheson Capital, a Charleston-based real estate investment and asset management firm specializing in value-add multifamily properties in the Southeast, has acquired Residences at St. George, a 248-unit multifamily property in Savannah’s Georgetown submarket. This acquisition marks Matheson Capital’s entry into the State of Georgia.