Announced

Completed

Weinstein Properties completed the acquisition of The Parkstone from PENLER.

Synopsis

Weinstein Properties, a property management company, completed the acquisition of The Parkstone, a luxury apartment community, from PENLER, an Atlanta-based multifamily real estate investment platform. Financial terms were not disclosed. “Given the supply chain challenges and rising construction costs, we are pleased to once again deliver a uniquely designed, upscale community under budget and ahead of schedule. This is an exciting time for our growing firm.We greatly appreciate all those we have partnered with,” Brian Metzler, PENLER Managing Partner.

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