Elmington Residential Buys The Asher at Sugarloaf in Atlanta

SaleMultifamily & Mixed-useGwinnett & Northeast (Duluth / Norcross / Buford / Pendergrass)

Reported Oct 20, 2026 · Source: CRE Market Beat

Source: CRE Market BeatRead the full report at CRE Market Beat ↗

Deal details

Buyer
Elmington Residential
Seller
FCP
Price
$55M
Size
260 units
Price per unit
$211,538 per unit (our calculation)
Asset class
Multifamily & Mixed-use
Transaction
Sale
Sub-market
Gwinnett & Northeast (Duluth / Norcross / Buford / Pendergrass)
Metro
Atlanta
Reported date
Oct 20, 2026

Summary

Elmington Residential has acquired The Asher at Sugarloaf, a 260-unit multifamily community in Lawrenceville. The headline gives the price as $55M.

Summarized from the article; the quoted lines below are from the article itself.

Source: CRE Market Beat

Read the full report at CRE Market Beat. What the article says:

  • Deal / Size / Buyer
    Elmington Residential has acquired The Asher at Sugarloaf, a 260-unit multifamily community in Lawrenceville, in an Atlanta-area transaction valued at $55
  • Deal / Price
    Elmington Residential Buys 260-Unit Asher at Sugarloaf in Lawrenceville for $55M
  • Seller
    The seller was FCP, which exited its investment in the income-restricted property as Elmington expands its holdings in the region.

Article date: 2026-10-20T11:01:39-04:00

Frequently asked questions

Who bought The Asher at Sugarloaf?
Elmington Residential bought The Asher at Sugarloaf in Gwinnett & Northeast, Atlanta, according to CRE Market Beat.
How much did The Asher at Sugarloaf sell for?
The reported price is $55M, per CRE Market Beat.
Who sold The Asher at Sugarloaf?
The seller was FCP, per CRE Market Beat.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.