Woburn, MA - Panther Properties announced that it has acquired Astoria Riverside in Atlanta, Georgia. Panther purchased the 280-unit Class "A" luxury apartment community for $29.5 million. Upon closing, the property was brought under Panther's operational umbrella and re-branded Panther Riverside Parc. The local property management team was upgraded with additional hires and has begun to convert the property to Panther's operational platform. Re-branding efforts and capital improvements include new signage along with minor renovations across the complex. All work was geared toward making the property more attractive to prospective renters and enhance the living experience for existing tenants.
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