Local News

Real estate news in Chicagoland

Berkshire Hathaway HomeServices donates to Newnan-Coweta tornado relief fund
Berkshire Hathaway HomeServices donates to Newnan-Coweta tornado relief fund

A tornado that was more than one mile wide with wind speeds that reached 170 mph tore through the Newnan-Coweta area.

Marietta luxury apartment complex sells for $87M
Marietta luxury apartment complex sells for $87M

The luxury multifamily development is the residential component of the Marketplace at Terrell Mill mixed-use project, which is situated near I-75 and Truist Park.

New construction makes up 24% of Q1 residential sales in Atlanta
New construction makes up 24% of Q1 residential sales in Atlanta

Low mortgage rates and low inventory levels are making the demand for homebuilding more attractive to buyers in Atlanta.

Private equity-backed firm acquires JP & Associates Realtors
Private equity-backed firm acquires JP & Associates Realtors

The acquirer is a partnership between Chairman and CEO Rick Davidson, who most recently served as global CEO of Realogy Real Estate Services Corp.’s Century 21 Real Estate unit, and private equity firm Aperion Management.

Crescent Communities launches single-family build-to-rent platform
Crescent Communities launches single-family build-to-rent platform

The single-family segment will be led by Tony Chen, the former vice president, chief of staff and head of office of strategic initiatives at Atlanta’s FirstKey Homes.

JV acquiring almost 2,000 homes throughout the South for single-family rentals
JV acquiring almost 2,000 homes throughout the South for single-family rentals

Transcendent Electra, a partnership between Transcendent Investment Management and Electra America, has $496 million of properties in contract process and closing and another $1 billion in the pipeline. 

340-unit apartment community coming to West Midtown
340-unit apartment community coming to West Midtown

The five-story, wood-frame building will be located on the future Westside Beltline Trail and one mile away from the Westside Reservoir Park at Bellwood Quarry.

GAMLS: Atlanta-area housing inventory rises in April
GAMLS: Atlanta-area housing inventory rises in April

Georgia MLS’s monthly survey of the 12-county metro area also found that sales volume was strong, up 44.2% year-over-year to $2.64 billion.

Home seller profits up nationwide as market shrugs off COVID impact
Home seller profits up nationwide as market shrugs off COVID impact

In 40% of metro areas analyzed, first-quarter home prices hit new peaks or tied previous ones, according to ATTOM Data Solutions’ first-quarter 2021 U.S. Home Sales Report. 

11-condo infill development on deck for downtown Roswell
11-condo infill development on deck for downtown Roswell

The three-story building at 1223 Canton will replace a single-family home that, like its neighbors, has been converted to office use.

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