Inventory Intel

Dallas investor scoops up 1,406 Atlanta-area apartments in four-community deal 

The properties are in Atlanta, Doraville and Norcross. 

D.R. Horton purchases 65 lots in Madison Lakes MPC 

The Morgan County planned-unit development is capable of supporting 1,471 single-family units and is located just off I-20. 

Toll Brothers seeks approval of 41-home subdivision in Alpharetta 

If approved by the city, the new community would replace 23 wooded acres at the intersection of Kimball Ridge and Buice roads. 

Stone Ridge at Vinings sells for $97.2 million 

The 50-year-old garden apartments were renamed The Halsten at Vinings Mountain. 

20-story luxury residential tower headed for Star Metals District 

Stella at Star Metals will offer 331 apartments and 25,000 square feet of ground-floor retail when it is completed. 

New Tucker community sold to real estate investor

Financial details of the transaction were not disclosed, but the property was last assessed at $45.8 million. 

Atlanta investor sells workforce housing for 50% profit after three years

Crown Bay Group purchased the 1980s-era developments for approximately $24 million in 2019 and sold them for almost $36 million in March.

Greater Atlanta Home Builders unveils participating builders, properties for 2022 Parade of Homes 

Prospective homebuyers will have three weekends beginning April 23-24 to tour a variety of model, spec and pre-sold homes. 

400-unit Magnolia Vinings complex changes hands 

Financial details of the transaction were not disclosed, but Mesa West Capital provided a $92.5 million bridge-financing loan to the acquirer. 

Homebuilders scoop up four entitled communities in Dekalb, Gwinnett for $19 million 

Homebuilders purchased the construction-ready subdivisions with plans to put up 775 badly needed new homes in Dekalb and Gwinnett counties. 

11-story, 250-unit affordable-housing development coming to BeltLine’s Southside Trail 

The Skyline Apartments community is part of a larger, multi-phase public-private partnership in the Peoplestown area that will ultimately bring 1.8 million square feet of development. 

Florida investor acquires new LaGrange community  

The 280-unit garden-style multifamily development was acquired for an undisclosed amount by Coral Gables, Fla.-based Beacon Real Estate Group. 

Seven88 West Midtown developer brings in full-time sales staff, increases property tours 

McKinley Homes is boosting its efforts to sell homes at the 22-story condo tower at 788 West Marietta St. 

320-unit garden apartment community changes hands in South Fulton 

The acquisition represents the Los Angeles-based investor’s entry into the Atlanta market. 

Atlanta Housing breaks ground on $43.6 million affordable-housing community on the BeltLine 

The 100%-affordable development will be known as Madison Reynoldstown and comprise two midrise buildings on a 1.2-acre parcel on the corner of Memorial Drive and Chester Avenue. 

Atlanta First United Methodist releases plan for “God-sized” affordable-housing project 

Plans for the downtown development call for 320 residences, 85% of which will be designated affordable, plus new space for the church’s Atlanta First Day School, a new fellowship hall and street-level retail. 

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