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Sign in Sign up for a FREE subscriptionToll Brothers, Pondmoon Capital opens new apartment community Georgia
Toll Brothers Apartment Living and joint venture partner Pondmoon Capital USA have opened Notion, the firm’s new five- and six-story, 290-unit luxury apartment community in Decatur, a suburb of Atlanta.
Notion’s construction, financed with a $45.7 million construction loan from Santander Bank, commenced in 2020 and offered first occupancy for residents in August 2022.
“The Atlanta market continues to see tremendous employer and population growth, attracting renters and home buyers alike, as well as significant investment thanks to its outstanding quality of life and its dynamic economy,” said Charles Elliott, president of Toll Brothers Apartment Living.
Designed by Dwell Design Studio, Notion is situated on a nearly 3.2-acre site. The luxury mid-rise apartment community includes a mix of studio, one- and two-bedroom floor plans. The community also features a structured parking garage with 417 spaces, which includes EV (electric vehicle) charging stations