The Brentmoor Apartments, located at 2080 Brentmoor Drive just outside the Beltline, were recently sold for $45.6 million after the previous owner, Silver Point Group, defaulted on their loan. The buyer was St. Clair Holdings, a company known for its expertise in value-add real estate projects in the Southeast and Southwest regions.
In late 2021, Silver Point Group had borrowed $45.6 million from an affiliate of Berkshire Residential to purchase the apartment complex for $52 million in early 2022.
According to documents filed with the county clerk’s office, it was stated that Silver Point Group had failed to make timely payments on their loan and as of April 2024 still owed over $48.7 million.
Brentmoor Apartments offers one-, two- and three-bedroom units spread across three-story buildings with rental prices starting at $999 per month. These units range from 735 to 1
