The 260 new residences are part of a broader repositioning of the Buckhead landmark. 

At the same time, housing starts fell and days on market rose.

King Oaks is a master-planned, single-family-home community with prices starting in the high $400,000s. 

In Atlanta, home prices rose 0.47% year over year and slid 0.33% month over month in August.   

Skebe previously worked as an agent and led a successful team at the brokerage. 

The gated enclave will feature 46 homes on 100-foot lots.

The Nashville, Tennessee-based investor made the acquisition an $18 million equity investment from American South Capital Partners. 

Lulah Hills is the mixed-use redevelopment of North Dekalb Mall in Decatur. 

The Forsyth County community offers single-family homes from two collections on estate-sized homesites. 

The new unit comes as high interest rates have made new builds increasingly competitive with existing homes. 

The developer has been releasing details about the highly anticipated condo tower in dribs and drabs after its initial announcement in June. 

The apartment investor said the property is a unique value-add opportunity, with 442 of the 446 units ripe for renovation.

The expansion represents its ongoing efforts to acquire and operate well-located apartment communities, particularly in growth markets like those in Georgia

Home sales fell 13.7% year over year and 9.5% month over month to 4,072 units sold in September, while sales volume totaled $2.043 billion.

Economists were expecting a monthly decline in the annual sales rate. 

The 13-story building opened in 2023 and offers 312 apartments.