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StoneBridge Investments Pays $32 Million for Veridian Sandy Springs

D.C.-Based Multifamily Investor Adds 272 -Unit Community in Perimeter Center to Holdings
By Bryce Meyers
CoStar News
August 10, 2017 | 9:21 P.M.

Washington, D.C.-based StoneBridge Investments closed on its second Atlanta multifamily investment this year with the purchase of 272-unit Veridian at Sandy Springs from Covenant Capital Group for $ 32 million, or about $118,000 per unit.

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