ATLANTA—The multifamily portfolio The Falls at Sandy Springs and The Mosaic at Sandy Springs, both in Atlanta's Perimeter Center submarket, have traded hands. The sale price: $91.5 million.
CBRE's Kevin Geiger represented the seller, The Family Office and Titan Real Estate Investment Group, in the transaction. Covenant Capital Group purchased the multifamily properties.
Located at 5555 Roswell Road, The Falls at Sandy Springs has 309 multifamily units and is 92% occupied. The Mosaic at Sandy Springs, located at 5675 Roswell Road Northeast, has 505 units and is 96% occupied.
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