Brendan Whalen Of Park Property Capital Acquires 280-Unit Multifamily Community In Atlanta For $75M

The transaction involved a multifamily asset located at 214 Colonial Homes Drive Northwest in Atlanta, GA. The property consists of 280 units and was sold for $75 million, equating to a price per unit of $267,857. The acquisition marks a continued investment in the Atlanta market.

Brendan Whalen of Park Property Capital represents the buyer in this transaction. CWS Capital Partners sold the property, which is planned for interior renovations and branding enhancements. The deal follows Park Property Capital's acquisition of The Monroe in 2022, further expanding their portfolio in the area.