PEACHTREE CITY, GA—Croatan Investments and Brightman & Gil REIM have sold Park Place, a 198-unit apartment community in Peachtree City, GA to a private California-based investment group. Nathan Swenson and Josh Goldfarb of Cushman & Wakefield represented the sellers in the transaction.
“Park Place provides a rare opportunity to own in one of metro Atlanta's most exclusive and high-barrier suburbs,” Swenson says. “Peachtree City's affluent demographics, top-tier schools and limited multifamily inventory were very attractive to the buyer for achieving both near and long-term investment objectives.”
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