News
Lane Co To Be Sold?
January 7, 2013
| An up-and-coming Atlanta housing company is poised to buy one of the Southeast's largest apartment firms. | ||
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| Sources tell us Cocke-Finkelstein (see our profile of the company) is in advanced talks to buy Lane. It would instantly propel Cocke-Finkelstein into one of the largest multifamily companies in the Southeast, with more than 80 apartment properties across the country, including Dunwoody Place and Solace on Peachtree. (It would more than double its size.) Terms of the pending sale were not disclosed as of press time. Cocke-Finkelstein owns apartments, single-family rentals, and mobile home parks. | ||
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| This isn't the first time Cocke-Finkelstein and Lane have dealt with one another. Back in August, Cocke-Finkelstein purchased the 17th Street Lofts from Lane. And last year, the firm tapped former Lane exec Dan Haefner among its own roster of multifamily execs. Cocke-Finkelstein's CFO Todd McKissick (above) was unavailable for comment as of press time. And Lane officials declined to release any information. | ||
