May 4, 2009
FOR IMMEDIATE RELEASE
MTS Realty Group, LLC
Hassan M. Tayara
WESLEY APARTMENT HOMES ACQUIRES POST DUNWOODY, 530 UNITS IN ATLANTA, GA
On April 30, 2009, Wesley Apartment Homes closed on its purchase of Post Dunwoody Apartments for a sale price of $47.4 million. Renamed Dunwoody Station Apartments, the 530-unit Class-A community built in the late 1980’s and mid 1990’s, is located in the Atlanta Perimeter area on Peachtree Dunwoody Road. The acquisition is a 50/50 joint venture between Wesley and Westplan. CBRE represented the seller and Hassan M. Tayara from MTS Realty of Atlanta represented the purchaser in this transaction.