A multifamily community in Marietta has new ownership.
Cortland has added Gardens at East Cobb to its portfolio, Atlanta Business Chronicle reports. The community is now called Cortland Woodlands.
The firm paid more than $95 million for the development, according to the news outlet. The community was previously owned by NALS Apartment Homes, who purchased it in 2005.
Cortland Woodlands features one-, two- and three-bedroom floor plans ranging from $1,263 to almost $2,000. Amenities include two pools, a fitness center, a tennis court, a leash-free dog park and a playground. The 484-unit development was built in 1983.
Cortland is an Atlanta-based multifamily real estate investment, development and management company that was founded in 2005. Their portfolio includes many properties across metro Atlanta, including Auburn Glenn, Cortland at Phipps Plaza, Cortland Peachtree Battle, Cortland Oleander and more.
