Joey Galanti, founder and managing principal of Galanti Realty Partners, Atlanta, represented the buyer in the $15 million sale of The Meadows, a 240-pad, 50-acre mobile home park located in Conyers, Ga.
Galanti started his real estate career in 2016 as a property manager. He went on to become a research analyst and earn his license; after graduating to higher-level positions in underwriting, brokerage, acquisitions and asset management, he earned his brokerage license and, in January 2023, started his firm. As an off-market sourcing specialist, he leverages data to unearth hidden opportunities.
While working on an assignment in Conyers, Galanti came across The Meadows, a thriving community that he knew would be a strong fit for one client in particular. Using his own database, compiled from public and private records, he identified the true ownership group and called one of the decision makers.
Surprisingly, the property had never traded hands; the owners had operated the park since they developed it in 1972. “One of the owners I spoke with told me, ‘We aren’t seeking a sale at this time,’ but I still felt it was important to give him my opinion of value, and it piqued his interest,” Galanti recalls.
Atlanta-area broker Bob Love had managed the property for decades. So the owners brought Love in to represent their side. The transaction closed in June 2024, five months after Galanti’s initial phone call. The Meadows will remain a mobile-home community, Galanti says, providing much-needed affordable housing in the Atlanta metro area.