“T30 Capital acquired the property on Oct. 14 when it closed a $36.7 million purchase. The investment firm used the limited liability company Sandy Springs Residences II to buy the apartment complex from Chicago-based 29th Street Capital, who purchased the property in 2021.
T30 Capital told CO it worked with partner, the Monocle Group, on the acquisition.
“The Sandy Springs submarket offers a compelling opportunity and we are excited to be expanding our footprint there,” said Margaret B. Grossman, president at T30 Capital.”
Read more on Commercial Observer