Local News

Real estate news in Atlanta

Zonda: Atlanta ‘significantly oversupplied’ with new-home lots

Nationally, the United States is “appropriately supplied” with lots ready for new homes. 

Portman opens first suburban multifamily project, Meadow Glen Village

The national developer has built over 20,000 apartment units, but the Fairburn community is its first suburban residential project. 

RangeWater JV buys Bell Buckhead West

The new owners plan to rename the 280-unit community Blaine Buckhead West. 

Parkland launches for-sale homebuilding unit, reveals first inventory

Parkland Homes is debuting’ seven single-family residences in the Alder Creek community in Cumming.

Affordable-housing project Legacy at Herndon Square celebrates grand opening

The 201-unit multifamily building is the second phase of the five-phase Herndon Square master plan on the Westside. 

$139M, 382-unit multifamily project to replace former UPS office in Sandy Springs

Kennedy Wilson and Shimizu Corporation are partnering on the redevelopment of 35 Glenlake Parkway NE. 

Study: Atlanta No. 1 for hybrid work in US

For those able to take advantage of a hybrid schedule, Atlanta is the place to be, according to a new study by Yardi’s flexible-workspace subsidiary, Hubble. 

Case-Shiller: Atlanta home-price growth accelerates in June

The pace of home-price growth rose nationally but with significant regional differences.

Woodrow House on Westside Trail opens its first batch of townhomes

The community will eventually bring 325 residences to the Beltline in the West End. 

REMAX: Atlanta home prices inch higher in July

Nationally, home sales in the 46 metro areas surveyed by REMAX rose 2.5% year over year and slipped 5.7% month over month. 

Jim Chapman named founding member of Georgia Residential Land Development Council’s board

The veteran home builder who has locked arms with the GRLDC works to foster homebuilding by improving Georgia’s land-development and permitting processes. 

JV buys five Brickmont senior-housing communities for $147 million

The properties have 611 units and were developed between 2018 and 2022. 

GAMLS: Atlanta’s market continues move into buyer’s territory

Active listings are providing more choice, while pending sales slid for the fourth month in a row. 

130-unit affordable-housing community Overlook at Garson breaks ground along future Northeast Beltline

The community is being developed via a public-private partnership between Atlanta Housing, Atlanta Beltline and other parties. 

BTR developer Parkland Communities enters for-sale market, launches brokerage

The firm hired Kristine Forbes to run sales at its newly created brokerage, Prim Realty.

Lion Real Estate acquires Briarhill Apartments in new ‘Pill Hill’ medical corridor

The 292-unit development is the preferred apartment community for Children’s Healthcare of Atlanta staff. 

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