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Vista Breaks Ground on 228-Unit Workforce Housing Project in Metro Atlanta
Atlanta-based real estate investment company Vista Realty Partners has broken ground on Carmel Vista, a 228-unit workforce housing community in the Atlanta suburb of McDonough.
The garden-style community will feature a mix of one, two and three-bedroom apartments. The property is located nearby Atlanta Motor Speedway, Henry Town Center shopping area and the Newman Wetlands Center. Trust Mark National Bank provided Construction financing for the $35 million project. Eduard de Guardiola, principal and founder of Vista, formed a joint venture to provide the project equity.
“Carmel Vista is the latest development that is part of Vista’s corporate commitment to provide workforce housing with attainable rents, for those who want to live work and play in a well-planned community with modern units and up to date amenities,” said the firm in a press release.
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