Novare Offloads SkyHouse Buckhead for $83.4M

Novare Offloads SkyHouse Buckhead for $83.4M
News| February 26, 2026| Mike Boyd
Atlanta & Southeast + Apartment Buildings

Novare Group sold SkyHouse Buckhead to UBS Realty Investors for $83.4 million. The Atlanta Business Chronicle reports the transaction comes about a decade after the previous owner, Novare, developed the 26-story tower at 3390 Stratford Road NE. Built in 2015, the apartment community has 362 units.

The company, along with Batson-Cook Development (BCDC), developed 18 high-rises in the southeast under the SkyHouse brand.

Five of the SkyHouse projects came together with the help of UBS, including the Buckhead tower and a 320-unit tower once known as SkyHouse Midtown along West Peachtree Street. UBS previously acquired the Midtown building and sold it to The Radco Cos.

In recent years, Novare Group has delivered several mid-rise projects that are either completed or under construction across the region, from Powder Springs and Acworth to Sugar Hill and Atlanta’s Westside.

Other News

Queens’ Tallest Tower Reaches 90% Leased, Adds First Retail Tenants

New York & Tri-State + Apartment Buildings

BLDG Management Co., Inc announced that The Orchard, Queens’ tallest tower, has surpassed 90% leased across its 824 residences nine months after launching residential leasing. The milestone occurs as the 70-story Long Island City development recently signed its first three retail tenants: K-beauty brand Tokimo, Japanese tea and beverage brand Mollytea and financial technology platform...

Learn more

80-Unit Seniors Housing Development Opens in Suburban Chicago

Chicago & Midwest

Leyden Senior Apartments, a new four-story independent senior living development in Franklin Park, recently opened.  Located at 2506 N. Mannheim Road, Leyden Senior Apartments offers one- and two-bedroom residences. The adjacent newly constructed Carl Fiorito Senior Center will be available to the entire community. Owned by Leyden Apartments LP, Leyden Senior Apartments was designed by...

Learn more

312-Unit Multifamily in Indiana Changes Hands

Chicago & Midwest + Apartment Buildings

Northmarq’s Investment Sales team, led by Bobby Schiavone, Jordan Arand and Adam Klenk, led the sale of The Bend Apartments, a 312-unit garden apartment community located at 1909 Greentree Blvd. in Clarksville, Indiana. Northmarq represented the seller, a regional multifamily developer. The buyer was a private investor. “The Bend generated significant investor demand, further proving...

Learn more
New call-to-action

Brokers

View All

Lenders

View All

Management

View All
Login
or
Sign up