Texas Real Estate Investors Acquire Forty-One Marietta Office Tower in Downtown Atlanta with Plans to Redevelop
The joint-venture will redevelop the building into an A-class multifamily asset.
PLANO, TEXAS, UNITED STATES, January 27, 2022 /EINPresswire.com/ -- Texas real estate investors, Kenny Wolfe, owner of Wolfe Investments1, and Ike Bams & John Williams, co-founders of Bluelofts2, have formed a joint venture to acquire and redevelop the Marietta Office Tower at 41 Marietta St. NW, in downtown Atlanta, into a class-A multifamily asset.Wolfe Investments is a private equity real estate investment firm located in Plano, Texas. Established in 2012, the company provides investment opportunities to sophisticated and accredited investors across four categories: multifamily, development, commercial real estate funds, and hard money lending. From the beginning, Wolfe Investments has aligned its interests with its investors’ by investing alongside them in every offering. Today, the company is a diversified real estate investment firm with nationwide holdings and a growing team.
Built in 1976, Tower 41 Marietta Street LLC was once the Standard Federal Savings and Loan Building and is located between Georgia State University, Mercedes-Benz Stadium, and Grady Hospital. The 13-floor office tower was designed by Atlanta architect, Tooms, Amisano, and Wells - a firm that also worked on the original Lenox Square, Woodruff Memorial Arts Center, and Peachtree Center MARTA station. Forty-One Marietta has been viewed by downtown Atlanta boosters as an opportunity for a mixed-use development with student housing or multifamily options.
Construction for 41 Marietta is now underway and, upon completion, the new space will have 120 residential units with lounges, a post office, and retail offices on the ground floor.
For more information about Wolfe Investments, please visit http://wolfe-investments.com/.
About Wolfe Investments
Founded in 2012, Wolfe Investments is a real estate investment firm dedicated to creating passive income for investors through a diverse portfolio of opportunities. The company has invested in over 7,000 units, with an impressive $450MM assets currently under management.
About Bluelofts INC
Co-founders of Bluelofts INC, Ike Bams and John Williams, began their journey after their frustration with the lack of inventory in real estate fueled their desire in doing something more: to convert vacant spaces into housing.
Ike boasts a degree in Mortgage Banking and continued his thirst for knowledge through Harvard Business School Online and Cornel University. Together, they dynamic duo are on a mission to repurpose old and abandoned buildings to create economic benefits and incite positive changes to the community.
http://wolfe-investments.com/
Ike Bams
551-221-2838
Ibams@staybluelofts.com
https://www.bluelofts.io/
Kenny Wolfe
Wolfe Investments
+1 972-599-0661
info@wolfe-re.com
1 http://wolfe-investments.com/
2 https://www.bluelofts.io/