The Carlyle Group LP (NasdaqGS:CG), through its fund Carlyle Realty Partners VI, L.P., acquired Monarch Place Piedmont on December 21, 2012. Pursuant to the transaction, Monarch Place Piedmont has been renamed to The Point at Rockridge. Integrated Senior Living has been hired to manage the property.

The Carlyle Group LP (NasdaqGS:CG), through its fund Carlyle Realty Partners VI, L.P., completed the acquisition of Monarch Place Piedmont on December 21, 2012.