Date of Acquisition
September 2017

Scope of Transaction
$5.2 million

Number of Units
15

Funding
76%

Equity
$1.2 million

Investment by Brightman-Gil
$1.2 million / 81% of the equity
FOLIA
Alpharetta, Atlanta, GA

Folia is a development of 15 townhomes in the attractive Alpharetta suburb of Atlanta, Georgia.

The property is popular with baby boomers who want to downsize to 2,000-3,000 SQF homes now that their children have grown up and moved out.

The property is easily accessible as it is located close to the G400 highway. The property is just two miles from the $600 million, sustainably-designed, mixed-use development called Avalon. Avalon, with its family-friendly shopping center, apartments, movie theater and community events, attracts many companies and quality tenants to the area.

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Transaction Details

09/2017
Acquisition

$5.2M
Scope

15
Units

76%
Funding

$1.2M
Equity

$1.2M
B&G Invested