
Kaplan Residential Sells Atlanta Property for $127M
By Gail Kalinoski
This deal marks the largest multifamily sale in the submarket’s history.
Montreal-based Frankforter Group has acquired Generation Atlanta, a 336-unit, 17-story luxury high-rise apartment building in Downtown Atlanta from Kaplan Residential for $126.9 million, in the largest multifamily sale in the submarket’s history.