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

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

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

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

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

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

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

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. 

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

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

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

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. 

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. 

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.