Atlanta
Atlanta Multifamily Report – Spring 2021
Despite the downturn, occupancy improved and rents continued to rise across the metro.
Affordable Community in Atlanta Suburb Commands $44M
Aspen Square Management has taken over management of the newly rebranded property.
PCCP JV Acquires Atlanta Community
The partners are planning an extensive lease-up plan for the property, which experienced a high vacancy rate due to the pandemic.
Stonemark Expands Management Portfolio
The company was tapped to handle operations at The Rey on Reynolds, a 286-unit property in Duluth, Ga.
Orion Haus Tapped to Manage 10 Communities
The company will convert 1,588 units in Texas, Tennessee, Florida and Georgia into short-term rentals.
Stonemark Tapped to Manage Georgia Community
The company plans to make upgrades to the 224 units and add to its existing amenity package.
TruAmerica Expands Southeastern Footprint
The acquisitions in Tampa and Atlanta bring the company’s portfolio in the region to 10,000 units.
Crown Holdings, Stern Resources Form $250M Joint Venture
The partnership will develop and acquire workforce housing in Georgia, Florida and Texas.
Ashcroft Capital Snags Atlanta-Area Apartments
The garden-style community in Lawrenceville will undergo unit and amenity renovations.
Spaxel Pays $45M for Atlanta Workforce Housing
Avison Young secured an equity partner for the purchase of the 266-unit property in Marietta, Ga.