Matthew Johnson Of UBS Realty Investors Acquires SkyHouse Buckhead Multifamily From James R. Borders For $83.4M

The property involved in the transaction is a multifamily asset located at 3390 Stratford Road Northeast in Atlanta, GA. The sale was completed for a total amount of $83,400,000. This 26-story building comprises 362 units, resulting in a price per unit of $230,387.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $83,400,000
• Address: 3390 Stratford Road Northeast
• Market: Atlanta, GA
• Units: 362
• Price Per Unit: $230,387
• Buyer: Matthew Johnson - UBS Realty Investors
• Seller: James R. “Jim” Borders - Novare Group

This transaction marks the conclusion of Novare Group's ownership of the SkyHouse-branded tower as they sold their final stake in the building to UBS Realty Investors, highlighting a significant milestone in the history of the SkyHouse Buckhead project.