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Florida Firm Buys Aging Apartments in Atlanta's Poshest Housing Market

Berkshire Property Pays $16.1 Million for 57-Year-OId Park at Peachtree Hills
Berkshire Property Holdings bought The Park at Peachtree Hills, where rents jumped 65% in the past decade. (Cushman & Wakefield)
Berkshire Property Holdings bought The Park at Peachtree Hills, where rents jumped 65% in the past decade. (Cushman & Wakefield)
CoStar News
February 10, 2020 | 6:10 P.M.

As investors continue to buy older apartments in Atlanta's suburbs, one has acquired a 1963 complex in the city's poshest residential market while it searches for additional similar properties to buy.

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