Inventory Intel

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 offer 66 units in a garden-style format. 

More than 20,000 apartments expected to open in Atlanta this year 

That’s almost double the number of deliveries of 2022, according to commercial real estate firm Berkadia. 

Newmark launches single-family rental group  

The move comes despite a slowdown in the single-family rental market. 

24-loft mixed-use building coming to downtown Smyrna 

The Smyrna City Council approved the proposed development, which will replace the former Ken’s Corner Deli and current Cochran & Edwards law firm. 

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