Sagard Real Estate has scooped up Belmont Place, a 326-unit Class A garden-style apartment community in southeast Marietta, putting a large suburban rental complex near the I-75/I-285 interchange under new institutional ownership. The company says it will roll out targeted upgrades to both units and shared amenities under its management plan.
In a press release via Business Wire, Sagard Real Estate said it closed on Belmont Place at 2825 Windy Hill Road SE, a 12-building community built in 2004 that sits on about 25.75 acres. The release describes the community as containing 326 one-, two- and three-bedroom homes that average roughly 1,055 square feet and notes the property was about 94 percent occupied at closing. Sagard said the acquisition expands its Southeast multifamily footprint and fits its focus on suburban workforce rental housing.
Property Features And Location
The community website and property listings show in-unit washers and dryers, nine-foot ceilings and granite countertops, along with amenities that include a resort-style pool, fitness center, tennis courts and a remote-work lounge. Apartments.com lists the address as 2825 SE Windy Hill Rd and shows one- to three-bedroom floorplans with a wide rent range typical for the Cumberland/Galleria submarket. The complex sits roughly one mile from the I-75/I-285 interchange and is within easy reach of Cumberland Mall and The Battery Atlanta.
Deal Partners And What Comes Next
CBRE facilitated the sale, and Sagard said the investment was made in partnership with McCann Realty Partners while Pegasus Residential will manage the community, according to Business Wire. "Belmont Place is a compelling addition to our multifamily portfolio," Matt DiVito, Sagard's managing director of acquisitions, said in the release. Sagard told investors it will pursue a targeted capital improvement program focused on select unit renovations and amenity enhancements to position the property for durable performance.
What This Means For Renters And The Market
Investors have leaned into high-quality suburban rental product in Atlanta as occupancies remain relatively healthy despite broader rent pressures. Yardi Matrix recently reported that Atlanta posted modest occupancy gains in early 2026, a backdrop that helps explain continued demand for established garden communities. Local renters may see renovation work and refreshed marketing as the new owner carries out its plan, and Sagard says preserving occupancy is a top priority.
Sagard Real Estate, which lists roughly $6.0 billion in assets under management on its site, described the acquisition as part of a wider push into suburban housing markets. Sagard said Belmont Place further expands its Southeast footprint, and the company and brokers did not offer additional public comment beyond the release. For now, the sale signals ongoing investor appetite for stable, well-located rental communities around Atlanta's major job corridors.
