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Goldrich Kest Takes Bite of Peach State As It Marks First Acquisition In Georga

Goldrich Kest, one of California’s largest and most successful privately owned real estate investors, builders and property managers, continues its nationwide expansion by acquiring two apartment complexes in Atlanta, Georgia — its entree into the “Peach State.”

One of California’s largest and most successful privately owned real estate investors, builders and property managers, Goldrich Kest, has acquired two apartment complexes in Atlanta, Georgia — its entree into the “Peach State,” announced CEO Michael E. Drandell.

Situated in the upscale community of South Buckhead, Ardmore & Twenty Eighth Apartment Homes contains 165 one- and two-bedroom single-level apartments and three- and four-bedroom townhomes ranging in size from 663 square feet to 3,226 square feet. Units feature nine- and ten-foot ceilings, granite countertops, stainless steel appliances, open-concept floorplans, washer/dryer units, private balconies and sunrooms, and oversized walk-in closets. Amenities include a resort-style pool, fully equipped fitness center, separate yoga studio, bike storage, pet spa and tenants’ choice of structured, surface, street or garage parking. The complex backs up to the Northside Trail of the Atlanta BeltLine and is near Atlanta Memorial Park, the Bobby Jones Golf Course and the Bitsy Grant Tennis Center.

Located just six miles from the Ardmore in the quaint community of Buckhead, is The CB Lofts, a 2.53-acre, multi-family property containing studios as well as one-, two- and three-bedroom apartments. The 164 units range in size from 572 square feet to 1,460 square feet. The interiors feature nine-foot ceilings, granite countertops, hardwood floors, full-size washer/dryer units, stainless steel appliances, walk-in closets and a patio or balcony. Among the amenities are a resort-style swimming pool, outdoor kitchen/lounge area, valet trash removal, 24-hour fully equipped fitness center, community dog park and pet care center. Each floor of its parking garage offers direct access from the garage to the apartment building itself.

“We are delighted to make our mark in the great state of Georgia,” says Drandell. “Atlanta has maintained its spot as one of the country’s most thriving economies with 16 Fortune 500 companies including The Home Depot, Delta Airlines and UPS. It also offers some of the most breathtaking scenery as well as a world-class dining scene, plenty of art and culture and all the benefits that one would expect from living in a big city.”

Recognized as one of the nation’s most successful real estate companies, Goldrich Kest is a privately owned family-run business that can trace its origins back more than 60 years to two entrepreneurs, Jona Goldrich and Sol Kest, who parlayed their meager savings into a real estate empire.

Today, their descendants, known within the company as “G2: The Next Generation,” continue to build upon the eponymous company’s ever-expanding portfolio of residential, commercial, industrial and retail projects. Among them are 125 apartment buildings with 13,864 units, 2,087 boat slips at 5 California marinas, 22 senior living facilities with 4,220 beds, and scattered throughout the US, more than 6 million square feet of commercial and industrial space. Goldrich Kest is committed to continuing its support and contribution to providing affordable housing to the residents and communities it serves. For more information about the company, visit goldrichkest.com.

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Contact Info:
Name: Frank Groff
Email: Send Email
Organization: Goldrich Kest
Address: 5150 Overland Ave, Culver City, CA 90230, United States
Phone: +1-562-225-9981
Website: https://www.goldrichkest.com/

Source: PressCable

Release ID: 89041585

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COMTEX_392193910/2773/2021-08-25T14:28:52

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