Equity Residential Shells Out $108M ($254,117/unit) for 425-unit Sandy Springs apartment asset

  • 8/23/2024

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Equity Residential paid $108 million for a 425-unit Sandy Springs apartment complex. The multifamily community, The Bishop, was sold by a Blackstone affiliate. This transaction follows Equity Residential’s paying close to $1 billion for an apartment portfolio that included four projects from Atlanta.

Blackstone Group (NYSE: BX)
Rich Reyes | Managing Director, MF Real Estate Group

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