Wealth Migrate Closes $13.1 Million Deal for Atlanta Medical Offices

ATLANTA, GA--(Marketwired - Feb 2, 2016) - Wealth Migrate (www.wealthmigrate.com), the world's tenth-largest global real estate platform, today announced the closing of a $13.1 million two-phase deal for the acquisition of two medical office buildings in the northern suburbs of Atlanta, Georgia.

This deal marks the third of Wealth Migrate's medical property deals in the growing city and highlights a burgeoning demand from international investors for U.S. medical sector real estate assets, including many new investors domiciled in China. 

It also boasts an estimated 22.55 percent internal rate of return (IRR), $3.9 million in equity raised through the platform and an average five-year cash-on-cash return of more than nine percent to investors.

Wealth Migrate CEO of Global Operations Hilda Lunderstedt said the deal represents a milestone for crowdfunding-enabled real estate investment.

"For this significant deal, investors pledged and then provided funds all via Wealth Migrate's online platform, including all of the relevant documentation, cross-border compliance and subscription agreements," Lunderstedt said.

"This deal is therefore evidence that real estate crowdfunding is very much alive and well, and we are very excited about the huge potential for this technology to democratize access to global real estate investment opportunities."

Lunderstedt, herself a seasoned investor and entrepreneur, said the asset is in a good location providing strong rental rates and long-term lease prospects, ensuring a solid outlook for investors. 

In April 2015, the Wealth Migrate team closed a similarly successful $12.7 million deal for the acquisition of four medical office buildings, also in Atlanta. 

About Wealth Migrate
Wealth Migrate is a leading international real estate crowdfunding platform that offers global investors direct access to exclusive real estate investment opportunities in premier markets around the world, including the U.S., U.K. and Australia. Investors benefit from the extensive experience of the Wealth Migrate executive team, which has collectively invested more than $1.34 billion for clients in international real estate transactions. For more information, visit www.wealthmigrate.com.