ALPHARETTA, GA – Real estate equity firm Northland has acquired its first active adult community asset. Located in Alpharetta, GA, the fully-leased, 210-unit property is called Emblem Alpharetta.
The four-story asset features one- and two-bedroom units and luxury amenities, including a resort-style pool, a sundeck, a state-of-the-art fitness center, a bocce ball court and outdoor entertaining spaces. Spanning seven acres of land, Emblem Alpharetta offers additional onsite amenities, such as a library, a structured parking garage, a clubhouse, lounge and conference spaces.
"We're thrilled to announce the acquisition of Northland's first active adult community," states Matthew Gottesdiener, CEO of Northland. "Emblem Alpharetta presents an opportunity to expand our platform of best-in-class apartment ownership and management to more directly serve the fastest growing age cohort in the country."
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