ATLANTA—Showing no signs of slowing down, Carroll Organization just snapped up The Manor at Buckhead in joint venture with AIMS Real Estate, a business unit within Goldman Sachs Asset Management. Financial terms of the multifamily deal were not disclosed.

The Manor at Buckhead is a luxury class A 301-unit multifamily community in the Buckhead submarket, which is centered directly between the business district and high-end residential neighborhoods. Average household income in the area is over $115,000—that's twice the national average—and average home value surrounding the property is over $600,000.

“Our primary goals have always been to acquire irreplaceable real estate in markets of greatest demand,” M. Patrick Carroll, founder and CEO of Carroll, tells GlobeSt.com. “If we do this, good things tend to happen from an investment perspective regardless of the cycle. The Manor is the perfect example.”

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