Inventory Intel
The 284-unit property represents the Atlanta firm’s largest investment since it was founded in 2013.
The seller made more than $500,000 of exterior improvements to the property, Lexington Park.
The luxury apartment community is part of the new Publix-anchored Sam’s Crossing Village on North Arcadia Avenue.
The Atlanta-based builder said the 200-plus homes are aimed at “first-time and move-up buyers.”
The 114-townhome, build-to-rent community is situated on 10 acres near the intersection of Sugarloaf Parkway and Five Forks Trickum Road.
The 192-unit garden-style community participates in the low-income housing tax credit program.
The mid-rise development will have a sky lounge overlooking the neighboring Dekalb-Peachtree Airport.
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.
The buyer is purchasing the project in stages, acquiring each phase when it receives its occupancy certificate.
The 2.68-acre wooded site along Peachtree Creek has been slated for a new dense, mixed-income community.
The development, Brighton Woodstock, offers 100 single-family townhomes.
The property, to be called Penler Cherokee, will include eight, two-story garden-style buildings on an 18.3-acre site.
The 180-unit garden-apartment community was built in 1972.
The community, Mighty Oak, has 118 homesites and sits on 26 acres.
The community, the 266-unit Paramont Apartments, previously sold for $26.7 million in 2018.
The proposed project, Modera Hapeville, has been proposed by Mill Creek Residential, which already has 10 Modera-branded communities in Atlanta.