The Alpharetta developer purchased a 5.5-acre parcel zoned for 67 build-to-rent townhomes just across Sugarloaf Parkway from its ongoing Sugarloaf Landing project. 

The Reserve at Sugarloaf was built in 2002 and offers 331 apartments. 

Shanna Bradley of Ansley Real Estate represented Mariah Carey in the sale. 

Wood framing of The Beverly by Alta is underway, and the community is set to open in early 2024, with pre-leasing scheduled for the end of 2023. 

The $25 million, 50-home development is situated on 15.39 acres on the corner of Hay Renfroe Drive and Villa Rica Highway in Paulding County. 

Florida-based developer Advenir Oakley recently purchased about 28 acres for the $65 million LEO at Cartersville community. 

The new owner plans to conduct extensive improvements to turn the class-C asset into a class-B one. 

The banking giant will help provide financial assistance to the megachurch pastor’s effort to develop a mixed-use, mixed-income community on the former Army base. 

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. 

The owner of the 2 Sun Court office building sold off 2.2 acres to a developer who plans to build a mixed-use tower. 

Toll Brothers Apartment Living and joint-venture partner PGIM Real Estate are developing the luxury high-rise on an 0.83-acre site at 1018 West Peachtree St. NW. 

The 23-home phase is in the NorthFarm section of the Paulding County community. 

The 250-apartment community is located at 205 Bridges Road near downtown McDonough. 

Read Property Group sold the 210-unit garden-apartment development to OREI Azora. 

The 33-acre development will offer single-family homes in a variety of floor plans, ranging from 1,600 to 4,000 square feet. 

The Atlanta-based multifamily company has owned The Columns at Paxton Lane since developing it in 1996.