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Real estate news in Atlanta
The team has opened offices in Cumming and Jasper to serve buyers and sellers in the North Georgia market.
Home sales ramped up in March after a muted February.
Atlanta housing inventory posted healthy gains, while existing-home sales, housing starts and days on market declined.
The brokerage was founded in 2017 and is a Hispanic, female-owned, family brokerage.
The community, Villas at Gold Creek, will bring paired-patio homes to the established Gold Creek neighborhood.
The Elyse Buckhead will join the Florida-based developer’s other local luxury condominium towers, the Graydon Buckhead and the Dillon Buckhead.
The three- and four-story townhomes will be priced from the low $900,000s when sales begin.
The buyer did not disclose financial details of the transaction, but the 270-apartment community last sold in 2021 for $77.7 million.
Nationally, home sales were down 2.6% year over year and up 8.4% month over month, RE/MAX said.
The community, to be known as Silverton, will offer single-family homes in a future phase of development.
“Don’t worry about your paycheck, only worry about your clients.” — David Landsman, sales/outside banking, The Federal Savings Bank
The Newnan firm, led by former mixed-martial arts champion, brings with it 16 agents who closed more than $70 million in sales last year.
The buyer, Atlantic Pacific Companies, plans to change the name of 212-unit Canterbury Ridge Apartments to Atlantic Canton Ridge.
The new office is the latest step the residential developer has taken to pursue growth.
The overall trend points to a longer-term slowdown, however, the MLS said.
The Arizona-based firm has been expanding in the Atlanta market since it acquired PalmerHouse Properties in 2021 and now boasts more than 3,200 local agents.
