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GREA Manages Sale of Affordable Housing Complex in Douglasville, GA

GREA, a full-service real estate advisory firm specializing in multifamily acquisitions and dispositions, announces the $6.45 million sale of Douglasville Proper. The Douglasville  garden-style LIHTC multifamily asset was built in 1995 and features 100 units with one-, two-, and three-bedroom floorplans. 

GREA represented sellers Signature Management in the transaction. The sale to S & S Capital Partners was managed by Cory Caroline Sams and Taylor Brown of GREA. The new owner plans to preserve the affordability of the property to serve the Douglasville community. 

“GREA was proud to represent the sellers of Douglasville Proper, bringing an offer from an attractive buyer who understands the importance of preserving and maintaining this quality affordable housing community for the working families of Douglasville,” said Sams, managing director of GREA in Atlanta.


Inside The Story

About Angela Noote

Angela Noote is a native of Northern California and graduated from Chico State with a degree in public relations. After college she moved to the Central Coast and worked first in ad sales then in editorial, eventually spending more than a decade as a print reporter and editor. She detoured into design work at a printer/publisher, and with a partner eventually opened a boutique full-service marketing agency. Moving into corporate communications, she built and managed several successful marketing teams in the hospitality, financial services, and nonprofit industries. Most recently she was an internal comms manager in the tech sector. After a long stint spent in Georgia (Go Dawgs), she moved to Baton Rouge, LA and has written for clients in the financial, luxury imports, higher ed, commercial cleaning, and medical equipment industries. Her son is a media arts major at the University of South Carolina, and her husband owns a comedy theater in Baton Rouge, where you can often find Angi teaching improv classes, leading corporate training events, or doing an occasional stand up set.

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