Infinity Real Estate Advisors LLC used two loans aggregating $60 million to make the acquisitions. 

The property was one of five Southeast multifamily developments recently sold by Asia Capital Real Estate for an undisclosed amount. 

The decade-long plan calls for the construction of dozens of new townhomes and almost 1,000 apartments, as well as hundreds of thousands of square feet of retail and office space and a 150-room hotel.

The homebuilder has purchased the remaining lots in the Cobb County community and will open sales to some sites on April 30. 

Located at 501 North River Parkway, the Carlyle of Sandy Springs is “primed for an interior value-add program,” said Cushman & Wakefield, which helped broker the sale.

At least six large developments representing more than 1,300 new for-sale and rental homes have been proposed recently. 

The property was built in 1977 and purchased by the seller, Clark Ventures, in 2015.

The two-story townhomes are available in three floor plans and are priced from the mid-$400,000s. 

The properties aggregate 584 units and are located in Dallas, Hiram and Cumming. 

The class-A luxury apartment building encompasses 319,000 square feet of rentable space and was completed last year. 

The homebuilder is offering seven different single-family home plans ranging from 2,520 to 3,137 square feet of space. 

The first six units at the popular mixed-use development sold “almost instantly,” and now more are available for pre-sales, according to Engel & Völkers Atlanta.

The new community, to be known as Bryn House, will offer 337 class A+ apartments and ground-floor retail. 

The completed project on Marietta Street will offer 120 residences. 

The properties are part of a 42-community portfolio belonging to Philadelphia-based landlord Resource REIT Inc. 

The new infill development is slated for a 1.57- acre site on Atlanta’s Westside, which has seen a surge of interest since the opening of the WestSide Reservoir Park and plans for a large Microsoft corporate center.