Northland, in partnership with Ascent Property Management, has acquired the mid-rise Glenwood at Grant Park. Built in 2016, the 216-unit community features a mix of studio, one-, and two-bedroom floorplans. Residents can enjoy amenities such as a 24-hour business center, fitness center, bocce court coffee bar and resort style pool and courtyard. Additional features include pet washing station resident lounge & game room package lockers & EV charging stations.
Andy Young from Northland commented on their ninth acquisition since entering Georgia’s market in 2020: “Glenwood at Grant Park stands out for its dynamic quality of life it offers residents as an affordable asset built near the BeltLine – one of Atlanta’s most desirable walkable neighborhoods.” The property also comes with below market fixed rate financing which is highly accretive to Northland’s portfolio.
The post Acquire 216-Unit Glennwood at Grant Park: Northland Makes Move appeared first on CRE MarketBeat.