POLLACK PARTNERS
One Premier Plaza
5605 Glenridge Drive
Suite 775
Atlanta, GA 30342
p: (404) 835-1475
f: (404) 835-1476

Pollack Partners Acquires Land to Develop Apartments in Atlanta’s Central Perimeter Area

Atlanta (February 2, 2007) – Pollack Partners, a newly established multifamily real estate firm, closed January 24 on ten acres in Atlanta’s Central Perimeter area, where it plans to develop a new $59 million luxury apartment community.

The development team will build a four-story luxury apartment community in Dunwoody, in DeKalb County. The community, located just outside I-285 near Chamblee-Dunwoody Road, will include 400 new apartment homes.

"Given the employment trends and the demand for new, quality rental housing, we believe that this project in this location provides an excellent opportunity for our firm and our investors," said Pollack Partners Chairman and CEO Marc Pollack.

The amenities will include landscaped pools, a state-of-the-art fitness center, business center and clubhouse, as well as secure access covered parking. Construction will begin this spring.

The community will be built in partnership with the seller, BHC Property Group, a highly experienced land developer based in Lawrenceville.

Pollack Partners focuses on the development, acquisition, finance and investment of high quality, community-enhancing multifamily, residential and mixed-use real estate projects. Founded in 2006, it is committed to the highest standards in all facets of its business. Its leadership team has more than 50 years combined experience on real estate projects in a dozen states.

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Media contact for Pollack Partners: Terri Thornton 404-932-4347 Territhornton@mindspring.com

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