PENLER built, leased, and sold The Parkstone luxury community in less than two years, selling to Richmond, Va.-based Weinstein Properties

Atlanta (June 2022) – PENLER, an Atlanta-based multifamily real estate investment platform, recently closed on the sale of The Parkstone, its second luxury apartment community, a unique 240-unit, townhome-style community in the upscale Nashville, Tennessee suburb of Gallatin.

PENLER closed on the 16.5-acre property in July of 2020, developed the luxury apartment community with a two-story direct private entry design, welcomed its first residents in January of this year and sold the project fully leased on June 15.

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