New York Life Acquires Perimeter Gardens At Georgetown Multifamily In Dunwoody For $53.5M

100 Azalea Garden Dr, located in Dunwoody, GA, is a multifamily property that has recently changed ownership. The property consists of 245 units and was sold for a total of $53,500,000, translating to a price per unit of $218,367. The sale reflects an increase from the previous purchase price of $45.3 million by the seller, Sentinel Real Estate.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $53,500,000
• Buyer: New York Life
• Seller: Sentinel Real Estate
• Units: 245
• Price per Unit: $218,367
• Previous Purchase Price by Seller: $45,300,000
• Sale Date: 11/18/2025
• Market: Dunwoody, GA

New York Life acquired the property from Sentinel Real Estate, indicating a strategic move in the real estate market by both entities. This transaction highlights the ongoing activities within the multifamily sector, emphasizing significant investments and management changes involving large-scale residential assets.