Local News

Real estate news in South Florida

Atlanta metro rent growth among the highest in the nation
Atlanta metro rent growth among the highest in the nation

More jobs and other factors are driving population and rental prices through the roof.

JV picks up Doraville apartments for $53M
JV picks up Doraville apartments for $53M

The community is being renovated and rebranded as Haven North East.

On heels of Smyrna acquisition, FCP picks up Westside apartments for $24.5M
On heels of Smyrna acquisition, FCP picks up Westside apartments for $24.5M

The acquisition comes on the heels of FCP’s acquisition of the 380-unit Wyndcliff Apartments in Smyrna and sale of the 312-unit River Crossing at Roswell community.

Homebuying competition lessens in Atlanta. Could the market be losing steam?
Homebuying competition lessens in Atlanta. Could the market be losing steam?

The competitive homebuying market showed signs of loosening up last month as bidding wars dropped from May despite being higher than they were a year ago. 

Two more residential towers proposed for Midtown
Two more residential towers proposed for Midtown

Developer Mill Creek is seeking to develop a 30-story tower on 10th Street NE, while Property Markets Group is proposing a 33-story building on Peachtree Street.

How long would it take a renter to save up for a down payment in today’s market?
How long would it take a renter to save up for a down payment in today’s market?

It could take Atlanta-area renters more than seven years to save for a down payment in today’s market.

Atlanta apartment rents continue to climb
Atlanta apartment rents continue to climb

Atlanta’s annual rent growth lags the statewide average of 14.8% but is ahead of the national average of 8.4%.

Engel & Völkers agent grabs top awards in RealTrends’ “The Thousand”
Engel & Völkers agent grabs top awards in RealTrends’ “The Thousand”

Shirley Gary was also ranked No. 5 nationwide for transactions closed and No. 131 nationwide for sales volume.

S&P 500 apartment landlord re-enters Atlanta with $115M trophy-asset purchase
S&P 500 apartment landlord re-enters Atlanta with $115M trophy-asset purchase

Publicly listed apartment landlord Equity Residential has returned to Atlanta with the $115 million acquisition of Skyhouse South, a 320-unit apartment tower in Midtown. Equity Residential, a real estate investment trust headquartered in Chicago, said Atlanta fits nicely with

Quinn Residences names CEO, chief investment officer
Quinn Residences names CEO, chief investment officer

Atlanta-based Quinn Residences has an existing portfolio of more than 1,000 homes in seven markets in North Carolina, South Carolina, Georgia and Florida.

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