The condominiums and townhouses are in three new developments by Empire Communities. 

The “commuter-friendly” homes were sold to undisclosed institutional buyers, according to the firm that brokered the deal. 

The residential community is part of a larger development rising at the intersection of GA 400 and Settingdown Circle. 

Together, the garden-apartment communities encompass 444 units. 

The properties contain a combined 114 apartments. 

One of the five communities acquired is in Covington, while the others are in Florida, North Carolina and Tennessee.

Work on the communities stalled when the Great Recession hit in the mid-2000s. 

The mixed-use project will stand at 811 Peachtree St. and offer 460 apartments, 81,000 square feet of office space and 16,500 square feet of retail. 

Most of the single-family homes are in Texas, Georgia, Alabama and Oklahoma. 

The 31-story residential tower will bring 326 residences to the corner of 18th and Spring streets in Midtown. 

The ARIUM Winters Chapel apartment complex was previously known as Jasmine Winters Chapel. 

Purchasers of the Frederica Estates properties are eligible for memberships in the 100-year-old Sea Island Club and the Frederica Golf Club. 

The Westside land purchased by the Allen Morris Co. is surrounded by areas of future development, including Microsoft’s planned campus at Quarry Yards. 

The lots purchased by Blue River Development are in five master-planned communities around McDonough. 

The Modera Old Ivy in Buckhead is expecting its first move-ins early next month. 

According to local tax records, the communities were purchased for about $133 million in 2018.