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PCCP forms JV for apartment property in Atlanta
Transactions - JUNE 18, 2021

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PCCP forms JV for apartment property in Atlanta

by Released

PCCP has formed a joint venture with F&B Capital and CF Real Estate Services for the acquisition of District at Windy Hill, a 284-unit class A apartment property located at 2245 Interstate North Parkway West in Atlanta. Built in 2019 by Kaplan Development, the asset is situated in Cumberland/Galleria, a top suburban Atlanta submarket.

District at Windy Hill is situated on approximately 5.6 acres and consists of two five-story, elevator-served buildings with a 514-space parking deck between the buildings, providing residents with direct access to their floors. The unit mix is comprised of 156 one-bedrooms and 128 two-bedrooms with an average size of 875 square feet. The units feature modern layouts, 9- to 12-foot ceilings, granite countertops, custom cabinetry, stainless steel appliances and full-sized washer/dryers. Community amenities include a pool, multi-level clubhouse, 24-hour fitness center with spin room and yoga studio, indoor/outdoor culinary center, cybercafé,

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