ATLANTA—Equus Capital Partners is getting busyin the fourth quarter. The private equity real estate fund managersjust snapped up a 288-unit multifamily communityin Atlanta. The Clairmont acquisition comes just days after thefirm bought a 376-unit multifamily project in St. Louis.

“The transaction provided us with an opportunity to acquire awell located multifamily community in the growingand dynamic Atlanta market,” says Steve Pogarsky,vice president of Equus, who oversaw the acquisition for the firm.“We continue to seek opportunities to expand our portfolio withstrategically located assets in primary and secondary marketsnationwide.”

The Clairmont, which will be renamed Madison Brookhaven, isabout 95% occupied. Madison Apartment Group, themultifamily operating arm of Equus, will managethe garden style community, which includes a mix of one- andtwo-bedroom apartments.