Kaplan Residential Sells Atlanta High-Rise for Record $126.9 Million

By Christine Serlin

Real estate development firm Kaplan Residential has sold Generation Atlanta, a 17-story luxury high-rise in downtown Atlanta, to Montreal-based Frankforter Group, a real estate investment and asset management firm, for $126.9 million. This transaction is said to be the largest multifamily sale in downtown Atlanta’s history, according to the firms.

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