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Transactions - SEPTEMBER 28, 2021

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Greybrook, PMG to develop mixed-use multifamily residential building in Atlanta

by Released

Greybrook Realty Partners has secured $61.2 million in committed equity capital to acquire and oversee the development of a prime parcel of land in Atlanta.

Together with its developer partner, PMG, the firm intends to develop the land located at 811 Peachtree St. NE into a mixed-use multifamily residential building expected to include approximately 460 rental units, with office space on two floors and retail at grade.

The project is the most recent addition to Greybrook and PMG’s growing national platform of thoughtfully designed social living and co-living multifamily rental developments in the United States. Located at the intersection of Sixth Street NE and Peachtree Street NE, the site, Society Atlanta, is situated in the heart of Atlanta’s growing and vibrant Midtown neighborhood. The development site is within walking distance of several area amenities and shops, nearby transit stations, and outdoor activities, including the Atlanta Beltline, Piedmont Park a

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