News
Renters Are Choosing the Suburbs in Greater Numbers than Cities; Atlanta Metro in the Lead
Greater Atlanta leads the nation with a 26 percent increase in renter-occupied households in its suburban markets versus only 10 percent in its urban areas.
Spectrum Breaks Ground on Charleston Development
The project is being built within the Cainhoy Plantation, a 9,000-acre, grocery-anchored, master-planned development. Leasing is expected to begin next spring, and the development is slotted for completion by fall 2018.
KWA Construction Appoints New EVP
Tayloe Call will work with President Brian Webster and oversee daily operations. He has more than 20 years of experience and most recently served as president & COO of LECESSE.
Inspirit Nabs 2 PA Senior Living Facilities
The Palmerton and The Willow are the latest additions to an extensive new regional network planned by the company. Additionally, Inspirit intends to renovate both assets.
Equus Capital Partners Snags 500-Unit Atlanta Property
The company acquired Viera Briarcliff, a 500-unit garden-style apartment community in the coveted Druid Hills neighborhood on the east side of the city.
Related Group Opens Brickell Heights Highrise in Miami
The 690-unit Brickell Heights condo building, which is 100 percent sold out, includes a commissioned mural by Argentine artist Fabian Burgos.
Atlanta Communities Score $24M Financing
The Marquis Brookhaven Portfolio consists of two multifamily communities totaling 344 units. The borrower will be using the loan to refinance one property and purchase the other.
Robbins Electra Nabs New Executive VP for South Atlantic States
With more than 20 years of experience under her belt, Grosse has received substantial recognition for her expertise throughout her career, including Manager of the Year, Best Overall NOI Growth and Achieved Accredited Resident Manager (ARM) IREM.
Sales Velocity Ramps Up at Brooklyn Waterfront Condos
The Austin Nichols House is making a splash in the highly sought-after neighborhood of Williamsburg, in Brooklyn, N.Y., where sales have accelerated, despite the impending shutdown of the L subway line, which connects the locale to Manhattan.