Georgia-based Infinity RE Impact recently acquired a 13-asset portfolio of affordable multifamily communities in Georgia and South Carolina. 

Crestwind Township will include 260 build-to-rent townhomes and 129 single-family homes for sale. 

The Capital Square real estate firm acquired the 28.4-acre property in July 2018 on behalf of a group of Delaware statutory trust investors. 

The $140 million development includes The Mabry by Storia, a 156 single-family home community, and The Margot, which will offer 332 apartments. 

The mixed-use tower will bring 460 apartments and 97,500 square feet of commercial space to Midtown when it opens in late 2024. 

The city’s housing authority chose a joint venture of developers to redevelop the long-vacant site of the former public housing project. 

The Oak Grove Vista project will be developed on 33 recently acquired acres on Jonesboro Road. 

Trion Properties said it purchased the Azure at Riverside community for $12 million less than the original purchase price. 

The 149-unit Hardy Springs active-adult community acquisition brings Blaze Capital Partners’ Georgia holdings to six properties. 

The five-story, wrap-style complexes, Scott Crossing and Point on Scott, have been renamed Abberly Skye and Abberly Onyx by the new owner, which is making its first foray into the Atlanta market. 

The city’s plans for the 41-story skyscraper, which it is buying from the state for $39 million, include the creation of “dedicated and deeply affordable housing.” 

The complex is part of a larger master-planned community, which will include single-family homes and restaurant and retail space. 

The Atlanta developer’s exclusivity agreement calls for up to six Crystal Lagoons destination water parks within a 100-mile radius of Atlanta. 

Since 2015, Chevy Chase, Maryland-based FCP has acquired 33 Atlanta-area communities. 

Related Development has proposed a mixed-use project that would take advantage of Children’s Healthcare of Atlanta’s nearby billion-dollar expansion. 

Atlanta homebuilder Paran Homes is developing the community in a joint venture with Los Angeles-based real estate investor PCCP LLC.