Milestone Group Expands Portfolio with New Apartment Acquisition in Atlanta

Milestone Group Expands Portfolio with New Acquisition



On January 26, 2026, The Milestone Group, a prominent real estate investment management firm, announced the acquisition of the Legends at Laurel Canyon. This impressive 266-unit garden-style apartment community is situated in Canton, a growing suburb in the northern region of Atlanta, Georgia. While the specific purchase price remains undisclosed, the strategic value of this acquisition is evident.

Milestone's Managing Director of Acquisitions, Jason Wise, expressed that the Legends at Laurel Canyon presents an enticing opportunity to acquire a modern, high-quality asset in one of the most rapidly developing areas of metro Atlanta. Over the past five years, Cherokee County, where Canton is located, has experienced a remarkable population increase of more than 12%. Projections suggest that this growth will continue, with an anticipated additional increase of 51% by 2050.

The property's ideal location benefits from strong long-term supply-demand characteristics, which were crucial factors in Milestone's decision to proceed with the acquisition. The company capitalized on existing attractive financing options, securing the property at a significant discount compared to the cost of new construction. This strategy affords Milestone not only downside protection but also considerable potential for upside growth in a market poised for sustained structural advancements.

Canton has witnessed significant growth, adding over 62,000 residents and nearly 30,000 jobs in the last decade. The Legends at Laurel Canyon offers residents immediate access to a Publix-anchored shopping center and is conveniently located within a five-minute drive of over three million square feet of shopping, dining, and lifestyle amenities. Additionally, the area boasts robust connectivity to key employment centers, top-tier healthcare facilities, and highly-rated schools, making it an attractive locale for families and professionals alike.

The Legends at Laurel Canyon apartments feature spacious floor plans, averaging 1,227 square feet. Residents can enjoy a range of amenities, including a state-of-the-art clubhouse, fitness center, and a resort-style saltwater swimming pool. Other features such as Amazon Hub Lockers, a car care center, bike racks, and a pet park and spa contribute to the community’s appeal. The apartments themselves offer one-, two-, and three-bedroom layouts equipped with gourmet island kitchens, quartz countertops, ceramic-tiled backsplashes, Nest thermostats, and elegant wood-style flooring with nine-foot ceilings, allowing for a comfortable and modern living experience.

Founded in 2003, The Milestone Group has developed a solid reputation as a leader in private equity real estate investment, focusing primarily on value-add multifamily assets across major metropolitan areas in the United States. With a successful track record exceeding $9 billion in multifamily investments encompassing over 90,000 units, Milestone advises its investors with confidence gained through navigating various economic conditions.

As Milestone continues to broaden its portfolio, the acquisition of Legends at Laurel Canyon exemplifies the group’s commitment to identifying high-quality properties in regions with promising growth trajectories, ultimately enhancing their role in the dynamic real estate market. For more insights into The Milestone Group, visit www.milestonegp.com or contact them directly for further engagements.

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