Atlanta
Community on Atlanta BeltLine Trades for $66M
Ghitis Property Co. acquired Ayla on Krog from PGIM Real Estate. The recently completed, 222-unit apartment property is located in the Inman Park neighborhood, fronting the city’s popular public trail.
Investors Management Group Buys Atlanta-Area Property for $35M
The firm expanded its portfolio with the addition of a 264-unit community in Duluth, located approximately 25 miles from downtown Atlanta.
Atlanta-Area Luxury Senior Facility to Welcome Residents
The assisted living and memory care community is the first joint development project of Watercrest Senior Living Group and Waypoint Residential.
Metro Atlanta Community Commands $19M
An affiliate of The Beach Co. acquired the 156-unit multifamily asset in Austell. The new owner will continue the interior unit upgrades started by the seller, Arcan Capital.
Atlanta Affordable Project Breaks Ground
Atlanta Neighborhood Development Partnership and Laurel Street Residential began construction on Creekside at Adamsville Place, which is part of the city’s recently launched housing affordability action plan.
JV Acquires Metro Atlanta Community for $21M
The 240-unit asset is approximately 20 miles from downtown Atlanta. The new owners plan to reposition the multifamily property by implementing value-add upgrades.
Toll Brothers Tops Out Prefab Atlanta Tower
General contractor Balfour Beatty is building the 319-unit property, Osprey, in partnership with modular construction firm Prescient. Completion is slated for the first quarter of next year.
RADCO Pays $25M for Atlanta-Area Property
The company made its first purchase of 2019 with the acquisition of Stonegate at Eagles Landing, a 167-unit community in Stockbridge, Ga.
Atlanta Multifamily Report – Summer 2019
The metro’s quality of life, relative affordability and strong potential for rent growth continue to support the multifamily pipeline.
Castle Lanterra Expands Atlanta Portfolio
The acquisition of a 280-unit value-add community in Cobb County represents the New York-based company’s third foray in the local multifamily market.