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NEW YORK, Nov. 9, 2017 /PRNewswire/ — The Praedium Group, a New York City-based civic absolute acreage advance firm, today appear the accretion of Reserve Decatur in Decatur, GA. Peter Calatozzo, Managing Director of The Praedium Group, fabricated the advertisement of the advance firm’s best contempo acquisition.

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Built in 2016, Reserve Decatur consists of 298 units comprised of one-, two-, and three-bedroom units alignment in admeasurement from 620 aboveboard anxiety to 1,555 aboveboard feet.  Unit interiors affection quartz countertops, nine bottom ceilings, congenital Bluetooth complete systems, stainless animate appliances, side-by-side refrigerators with baptize and ice dispensers, kitchen islands with undermount sinks and debris disposals, vinyl axle flooring, acme molding, agenda thermostats, alms asphalt backsplash, and “Green” features, including Low Flow accouterments accessories and Low-E windows. Association amenities accommodate a two-story clubhouse, cyber café, appointment allowance with kitchen area, poolside alfresco kitchen with cabana bar, bold lounge, rooftop ball lounge, additional alfresco kitchen cabana with alfresco fireplaces and TVs, dog esplanade and spa, and 1.2-acre blooming space.

Peter Calatozzo said that, “Reserve Decatur is a high-quality accommodation association amid in an MSA that has apparent and will abide to see able citizenry and job growth.”

Per the Bureau of Labor Statistics’ July 2017 report, Atlanta accomplished a 3.2% year-over-year change in absolute nonfarm jobs, baronial aboriginal amid the 12 better city areas in the country.  Job advance is accepted to continue, with projections absorption an access of addition 11.0% over the abutting bristles years – added than bifold the bump for the civic boilerplate during this period.

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“Situated in a awful adorable area amid Downtown Decatur and the Emory/Clifton Corridor, Reserve Decatur will additionally account from Uptown Decatur’s transformation into a live-work-play environment, which is actuality facilitated by the development of adjacent high-quality retail, including a anon to be completed 365 by Whole Foods,” acclaimed Calatozzo.

“Demand for apartment such as Reserve Decatur will abide to be bolstered by Atlanta’s growing population, which has exceeded the civic boilerplate back 2010, and, per the US Census Bureau, is accepted to abide to do so over the abutting 5 years,” added Kelsey Durels, Associate of the Praedium Group.

ABOUT THE PRAEDIUM GROUP

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The Praedium Group is a privately-held absolute acreage advance close absorption on under-performing and undervalued assets throughout the United States. The Praedium Group was formed in 1991 and back birth has completed over 360 affairs apery about $10 billion of capital, including 77,000 multifamily units and about 44 actor aboveboard anxiety of bartering space. Over the accomplished 26 years, The Praedium Group has sponsored a alternation of nine clandestine disinterestedness funds, as able-bodied as several abstracted advance vehicles. The commingled funds and abstracted accounts sponsored by The Praedium Group accept admiring investors that accommodate accessible and accumulated alimony funds, banking institutions, allowance companies, foundations and endowments. For added information, amuse appointment www.praediumgroup.com

CONTACT:Great Ink Communications — 212-741-2977Roxanne Donovan – 184423@email4pr.comJimmy Lappas – 184423@email4pr.com

View aboriginal agreeable with multimedia:http://www.prnewswire.com/news-releases/the-praedium-group-acquires-reserve-decatur-in-decatur-ga-300553002.html

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SOURCE The Praedium Group

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