The number of apartments under some stage of development in the Atlanta metro grew from 147,881 at the end of the fourth quarter of 2022.
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Category: Berkadia
New multifamily community in Jefferson changes hands
The 300-unit development, Prose Concord, was acquired with a $45 million loan.
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Berkadia: Almost 150,000 apartments in Atlanta’s pipeline
The firm said 147,881 multifamily units are in some stage of the development process in the greater Atlanta market.
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More than 20,000 apartments expected to open in Atlanta this year
That’s almost double the number of deliveries of 2022, according to commercial real estate firm Berkadia.
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Georgia-based Infinity RE Impact buys 13-asset affordable-housing portfolio in Georgia, S.C.
Georgia-based Infinity RE Impact recently acquired a 13-asset portfolio of affordable multifamily communities in Georgia and South Carolina.
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Community next to Mercedes-Benz Stadium sold for $40 million
The new owner plans to make numerous capital improvements to the 182-unit, garden-apartment community.
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Rare ‘generational asset’ apartment portfolio sells for $325 million
Atlanta’s JAMCO Properties sold the collection of 12 communities, which were held for an average of 14 years, to an undisclosed buyer.
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Atlanta firm acquires two affordable-housing communities
Infinity Real Estate Advisors LLC used two loans aggregating $60 million to make the acquisitions.
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Miami real estate investor buys Clarkston multifamily community for $34 million
The off-market transaction was facilitated by Berkadia, which secured $17.5 million of equity capital from MLG Capital on behalf of the investor, One Real Estate Investment.
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JV picks up Doraville apartments for $53M
The community is being renovated and rebranded as Haven North East.
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