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.

The Pines at West Cobb features 257 garden apartments and townhomes. 

The purchase of the 360-unit Amber Grove at Olley Creek community brings the Maryland-based investor’s Atlanta portfolio to 34 properties. 

Toll Brothers has already sold nine of the 33 condos being developed at Park 108. 

Prices at the enclave, Gates at Hamilton Grove, begin in the low $400,000s. 

Lawrenceville-based investor S & S Capital Partners acquired the 100-unit Douglasville Proper development from Signature Management of Norcross. 

The mixed-use development is going up adjacent to MARTA’s Dunwoody station in the Central Perimeter.