Parse Capital Announces Closing of a $14.7 Million Preferred Equity Investment In Atlanta, Georgia Multifamily Development

May 2014 – Parse Capital (“Parse”) in partnership with two premier sponsors, announced today the proposed acquisition of The Office (“Project”), a vacant 20-story high-rise office building in downtown Atlanta, Georgia. The partnership plans to redevelop the building into a 328-unit Class “A” luxury high-rise multifamily housing community.