Simpson Housing Pays Top Dollar for 370-Unit High-Rise in Buckhead Atlanta

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Denver-based Simpson Housing has added a trophy asset to its multifamily portfolio after reaching a deal with property developer Oliver McMillan to acquire the 370-unit Residence Buckhead Atlanta in Atlanta, GA for $136.5 million, or approximately $369,000 per unit. Oliver McMillan completed construction in 2014 on the 20-story luxury high-rise at 297 E. Paces Ferry Rd. NE as part of the firm’s Buckhead Atlanta development, an award-winning mixed…

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