ATLANTA – October 31, 2023 – Today, LV Collective, an Austin, Texas-based multifamily and student-oriented real estate developer, Kayne Anderson Real Estate, a Boca Raton, Florida-based alternative real estate investment management firm, and Pacific Life, a Newport Beach, California-based insurance company announced the closing of their newest luxury student-oriented multifamily development in Atlanta. Located at 736 Peachtree NE, Atlanta, Georgia, Rambler is less than a quarter mile from the Georgia Institute of Technology.
“We’re excited to partner with best-in-class investors, Kayne Anderson Real Estate and Pacific Life, to bring another experience-based student housing project to Midtown Atlanta,” said LV Collective Chief Investment Officer, Francisco Rios.
The 457,000-square-foot project will feature 215 units with a mix of 1-, 2-, 4-, 5- and 6-bedroom apartments, offering a total of 798 beds.
“We have been following LV Collective’s developments with admiration for some time, and we are excited to finally partner and begin what we hope will be a long and productive relationship. It has been a pleasure working with Francisco Rios and David Kanne, and we’re excited to bring Rambler Atlanta to life,” said Kayne Anderson Real Estate’s Head of Student Housing/Multifamily, Ken Carl.
“We are thrilled to be working with this partnership to deliver a thoughtfully curated project that will continue to redefine student housing in the Midtown Atlanta submarket,” said Nick Brown, Associate Director at Pacific Life.
Rambler will offer a full suite of amenities curated for the Georgia Tech student lifestyle. The ground floor will feature an active lobby and the second Atlanta location for Daydreamer, which will serve handcrafted espresso drinks, coffee, tea and artisan pastries and snacks. The study mezzanine will offer spaces for coworking and private study rooms. The top floor of the building will offer a resident lounge, fitness center including a yoga studio and on-demand fitness studio, and a rooftop pool and hot tub.
“As Georgia Tech continues to experience growth, there is a continued need for student housing. We’ve designed Rambler to complement the student lifestyle with its prime location and desirable amenities,” said LV Collective CEO, David Kanne.
Groundbreaking on Rambler began in August with a scheduled delivery of Fall 2025, in time for the 2025 – 2026 academic year.
Pacific Life is providing debt for the project. Project partners include Niles Bolton Associates as the architect, JE Dunn as the general contractor, Archie Bolden for interior design, Michael Hsu Office of Architecture for the public realm and Ironwood DDG for landscape architecture. TSB Capital Advisors consulted on the joint partnership and construction financing.