Inventory Intel

Developer sought for mixed-income housing near MARTA’s Garnett Station 

A request for proposal seeks the development of at least 200 affordable and market-rate residences on a 1-acre site at 184 Forsyth St. 

420-unit Pendergrass apartment project sells for $88.4 million 

The buyer is purchasing the project in stages, acquiring each phase when it receives its occupancy certificate. 

BeltLine seeks developer for residential project along future Buckhead section of trail 

The 2.68-acre wooded site along Peachtree Creek has been slated for a new dense, mixed-income community. 

Investor scoops up new Acworth BTR townhome community 

The development, Brighton Woodstock, offers 100 single-family townhomes. 

192-unit community headed for Acworth 

The property, to be called Penler Cherokee, will include eight, two-story garden-style buildings on an 18.3-acre site. 

Ascent at Riverdale sold for $20.5 million 

The 180-unit garden-apartment community was built in 1972. 

New Albany manufactured-home community sells for $3.65 million 

The community, Mighty Oak, has 118 homesites and sits on 26 acres. 

Duluth apartment community sells for $51.5 million 

The community, the 266-unit Paramont Apartments, previously sold for $26.7 million in 2018. 

300-unit community proposed for downtown Hapeville 

The proposed project, Modera Hapeville, has been proposed by Mill Creek Residential, which already has 10 Modera-branded communities in Atlanta. 

Decatur’s 55-plus Clairmont Crest community sold 

The transaction was funded by a $30.5 million acquisition and renovation loan. 

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. 

Decatur townhome community sells for $8.2 million 

Avondale Townhomes features 122 two- and three-bedroom residences. 

Three-home building proposed for tiny lot near Piedmont Park 

The five-story tower would replace an existing bungalow on the south side of 12th Street. 

Work begins on 60-home build-to-rent project in Winder 

The developer has started civil construction and lot development and plans to start home construction in June, with final delivery in the fourth quarter. 

Two-tower apartment project in Midtown receives $245 million financing package  

The high-end development will bring 487 apartments to a full city block on Juniper Street. 

Gainesville apartments sell for $9.1 million 

The Cielo at Lanier Apartments offers 66 units in a garden-style format. 

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