Wesley Apartment Homes Acquires Post Dunwoody, 530 Units in Atlanta, Ga

/ Dunwoody Station/

May 4, 2009
FOR IMMEDIATE RELEASE
Media Contact:
MTS Realty Group, LLC
Hassan M. Tayara
HTayara@MTSRealty.com

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.