Sagard Real Estate Acquires 326-Unit Belmont Place Multifamily Community in Marietta With McCann Realty Partners and Pegasus Residential
MARIETTA, Ga. — Sagard Real Estate has acquired Belmont Place, a 326-unit Class A garden-style multifamily community located at 2825 Windy Hill Road Southeast in Marietta, Georgia, the firm announced July 14, 2026. The transaction was made in partnership with McCann Realty Partners and Pegasus Residential, with CBRE facilitating the deal.
The property sits within Atlanta's Cumberland/Galleria submarket and marks a further expansion of Sagard Real Estate's residential portfolio in the Southeast. The acquisition also represents the third property managed by Pegasus Residential on behalf of Sagard Real Estate.
Property Overview
Built in 2004, Belmont Place comprises 12 residential buildings spread across a 25.75-acre low-density site. The community offers one-, two- and three-bedroom apartment homes averaging approximately 1,055 square feet each. The property was 94% occupied at the time of acquisition.
Individual residences include 9-foot ceilings, full-size washers and dryers, plank flooring, granite countertops, stainless steel appliances and private balconies. Community amenities include a resort-style pool, clubhouse, fitness center, game center, remote work lounge, tennis courts, outdoor courtyards and a car wash.
Sagard Real Estate said it plans to pursue a targeted capital improvement program focused on select unit renovations and amenity enhancements at the property.
Location and Market Context
Belmont Place is situated approximately one mile from the I-75/I-285 interchange, roughly 10 miles northwest of downtown Atlanta and approximately 21 miles north of Hartsfield-Jackson Atlanta International Airport. The location provides access to employment centers including Cumberland/Galleria, Buckhead, Midtown, Downtown Atlanta and Central Perimeter.
The surrounding area includes Cumberland Mall and The Battery Atlanta, a mixed-use destination anchored by Truist Park, as well as national retailers including Target, Kroger, Publix, Walmart and Costco.
In announcing the deal, Sagard Real Estate cited strong household demographics, deep employment access and limited directly competitive new supply in the Cumberland/Galleria corridor as key factors supporting its investment thesis. The firm described the acquisition as consistent with its broader strategy of targeting well-located rental housing communities in established suburban markets with durable demand drivers and favorable long-term fundamentals.
Strategic Rationale
"Belmont Place is a compelling addition to our multifamily portfolio, combining scale, institutional-quality construction and a low-density site in one of Atlanta's most desirable suburban markets," said Matt DiVito, Managing Director, Acquisitions at Sagard Real Estate. "The Cumberland/Galleria corridor benefits from strong demographics, deep employment access and limited directly competitive new supply, all of which support our long-term conviction in the property. We believe targeted upgrades will further enhance the resident experience while positioning the community for durable performance."
Sagard Real Estate said the acquisition aligns with its strategy of investing in multifamily communities that serve a broad workforce renter base and are positioned to benefit from population growth, employment access, relative affordability and disciplined active management.
About the Firms
Sagard Real Estate is a real estate investment advisor and operator headquartered in Denver, with regional investment offices in New York City, Charlotte, Austin, Los Angeles and the San Francisco metro area. The firm manages approximately $6.0 billion in assets under management and offers commercial real estate investment strategies through separate accounts and commingled funds. It was founded in 1997 and operates as a subsidiary of Sagard, a global multi-strategy alternative asset management firm with more than $46 billion in assets under management across venture capital, private equity, private credit and real estate.
Pegasus Residential serves as property manager for the community. McCann Realty Partners participated as a capital partner in the transaction. CBRE facilitated the deal.
Sources
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