The Modera Old Ivy in Buckhead is expecting its first move-ins early next month.
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Category: apartments
Investor sells two apartment communities for $224 million after major renovations
According to local tax records, the communities were purchased for about $133 million in 2018.
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Single-family home construction slows for second month in a row as apartment starts jump
“Builders are responding to higher mortgage rates and are chasing rising rents, with fewer homebuyers and more renters being forced to renew their leases.” — NAR Chief Economist Lawrence Yun
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The Maven 276-unit community picked up in Suwannee
Financial terms of the transaction were not disclosed, but Gwinnett County records show that the asset was last purchased for $101 million on April 26
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Investor sells once-vacant South Fulton community after “to the studs” redevelopment
Middleburg Communities spent $10 million bringing an abandoned apartment community back to life in South Fulton.
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ECI Group opens first Corwyn South Point building to residents
The Corwyn is a new class-A multifamily brand being rolled out by the Atlanta developer, which broke ground on the Corwyn at Conyers in January.
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Stone Ridge at Vinings sells for $97.2 million
The 50-year-old garden apartments were renamed The Halsten at Vinings Mountain.
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Here Are the Cities With the Cheapest Rents in America Right Now—Take a Look
While rent prices are skyrocketing across the board, there still are some affordable havens that offer renters budget-friendly options.
The post Here Are the Cities With the Cheapest Rents in America Right Now—Take a Look appeared first on Real Estate News & Insights | realtor.com®.
New Tucker community sold to real estate investor
Financial details of the transaction were not disclosed, but the property was last assessed at $45.8 million.
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Atlanta investor sells two workforce-housing communities for 50% profit in three years
Crown Bay Group purchased the 1980s-era developments for approximately $24 million in 2019 and sold them for almost $36 million in March.
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