Greystar Sells Elan Brookwood Multifamily Community in Atlanta Metro
Atlanta, GA – February 2, 2026 – Greystar, a global leader in investment management, development, and property management, today announced the sale of Elan Brookwood, a 395-unit multifamily community located in West Cobb, Georgia, within the Atlanta metropolitan area.
Elan Brookwood offers modern design, amenity-rich living, and strong market fundamentals. Since delivering its first units in June 2023 and completing construction in May 2024, the community has outperformed underwriting on rents and absorption, demonstrating sustained demand in the submarket.
“Supported by its design, location, and fundamentals, Elan Brookwood’s performance reflects the strength of the West Cobb submarket and continued demand for high-quality multifamily communities,” said Katherine Mosley, Managing Director for Greystar Development.
Elan Brookwood is strategically located in the West Cobb/Austell submarket with convenient access to major retail, employment, and entertainment destinations throughout the Atlanta metropolitan area. Amenities at the property include a luxury style pool, fully equipped fitness center, lounge and co-working space, outdoor living areas, as well as a pet spa and pet park.
“We are proud to announce the sale of Elan Brookwood, which reflects Greystar’s continued focus on disciplined execution and long-term platform growth,” said Lewis Stoneburner, Senior Managing Director for Greystar Development.
The community was acquired by ANiMAL, an Atlanta-based real estate investment firm.
“We are very pleased to add Elan Brookwood to ANiMAL’s growing portfolio. Greystar has developed an exceptionally high-quality community with huge intrinsic value, both in the design and construction of the project to the uniquely walkable suburban location,” said Max Cookes, Founding Partner at ANiMAL.
“Elan Brookwood is a strong fit for the ANiMAL Living investment mandate, focused on acquiring institutional-grade, stabilized assets with durable cash flow in strong submarkets. Our focus now turns to operating the community to an A-grade standard in partnership with Greystar, with their on-site property management team continuing in place to ensure a seamless transition.”
The transaction underscores continued investor demand for well-located multifamily assets in the Atlanta metropolitan area.
About Greystar
Greystar is a leading, fully integrated global real estate platform offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing. Headquartered in Charleston, South Carolina, Greystar manages and operates over $300 billion of real estate in over 260 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, managing more than one million units/beds globally. Across its platforms, Greystar has over $79 billion of assets under management, including approximately $36 billion of development assets and over $30 billion of regulatory assets under management. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business.
About ANiMAL
Headquartered in Atlanta, ANiMAL is an opportunistic real estate investment firm founded by Max Cookes and Alex Hay, specializing in finding undervalued, high-quality assets in emerging markets across the Southeast. With more than 75 years of collective experience, ANiMAL’s team has built a cycle-tested track record across the full arc of investment and development, completed ~$350 million in acquisitions and built a portfolio of 395 multifamily units, 35 townhomes, 3,963 parking bays, and a future development pipeline of 5,875 multifamily units and 650 hotel keys to date.
Media Inquiries
Amy Fitzgerald
Amy.fitzgerald@greystar.com