Childcare Acquisition in August, GA Market
Hinge's Senior Broker, Reagin Curlee, has continued to stay busy in the Georgia Market. Hinge represented a long-time client with the acquisition of an additional childcare center in the Augusta, GA market through a 1031 exchange. This transaction afforded the owners another great location in this market as well as an upgrade in their real estate portfolio and the tax benefit of a 1031 exchange. Hinge also represented a childcare center seller in the greater Atlanta market in the sale of their operating business. This school was part of a very successful franchise organization and had seen success for several years in a growing market segment of Atlanta. The team at Hinge brought several potential buyers for this highly sought after school and the eventual buyer was one of the nation’s largest education groups, who intends to continue to expand their footprint in the market.