Crown Bay Group Acquires Two Georgia Apartment Communities
Atlanta and Stone Mountain Properties Include 544 Units
PR Newswire
ATLANTA, May 18, 2018
ATLANTA, May 18, 2018 /PRNewswire/ -- Crown Bay Group, LLC, a Georgia based real estate investment firm, has acquired The Pines at Greenbriar in Atlanta and Mountain Oaks in Stone Mountain. The communities total 544 units and are located in high demand areas. The value of the acquisition was $27.7 million. Crown Bay now owns 10 communities throughout the state of Georgia. "These were perfect properties for our investors' portfolio," said Steve Firestone, managing partner and CEO of Crown Bay Group, LLC.