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Atlas Real Estate Partners has purchased Cottages at Emerald Cove, a 290-unit, Class A community in Savannah, Ga. The previous owner was Rockworth Cos., as identified by Yardi Matrix. Cushman & Wakefield represented the seller.

Rockworth acquired the asset in 2020 for $45.5 million, according to Yardi Matrix data. Berkadia originated a $33.7 million Fannie Mae acquisition loan that same year, the data provider shows. The note carries a 3.11 percent fixed rate and will mature in December 2030.