Emma Capital Investment has acquired a 272-unit community in Peachtree Corners, Ga. — the first acquisition for the Emma Capital Investments Value Add Fund I.
Emma Capital acquired the asset, known as Centre at Peachtree Corners, for $45.25 million. This brings the firm’s total acquired apartments to more than 10,000 units, to date.
“Centre at Peachtree Corners represents another strong investment opportunity for Emma,” said Haya Zilberboim, partner and co-owner at Emma. “The city of Peachtree Corners is vibrant and growing, with leadership focused on well-conceived, strategic development sure to generate business interest and inspire future expansion.”
He added, “We are extremely happy with the performances of our current holdings in Atlanta, Phoenix, Orlando, Nashville, Indianapolis and the Carolinas and continue to focus on other new Southern markets such as Dallas, Austin and Tampa.”