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Greystone Brown Arranges $43M Sale of Sandy Springs MF Property

Greystone Brown Real Estate Advisors has arranged the $43.4 million sale of ReNew Sandy Springs, a 219-unit multifamily property in Sandy Springs.

Located in Atlanta’s Fulton County, the property consists of 219 units. Amenities include a pool, fitness center and playground.  

Chandler Brown, Cory Caroline Sams, Taylor Brown, Walter Miller, Jim Jarrell and Barden Brown of Greystone Brown brokered the transaction on behalf of the seller, FPA Multifamily. In addition, the team also secured a $34,000,000 bridge loan for the buyer, 29th Street Capital.

“We were thrilled to represent the seller in yet another deal,” said Taylor Brown, director at Greystone Brown Real. “Clients continue to come back to us when they recognize that our team will work tirelessly on their behalf for the best buying or selling experience.”

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

  • ◦Sale/Acquisition
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