Local News

Real estate news in Atlanta

Investor secures financing for three affordable-housing developments

The investor, Advantage Capital, used more than $53 million in state low-income housing tax credits to finance the communities. 

GAMLS: Home sales slide in November

The median sales price was also down during the month. 

COMPASS broker Misha Clopton rejoins Berkshire Hathaway HomeServices Georgia Properties

Clopton most-recently served as managing broker of COMPASS’s Intown and North Atlanta offices.  

Atlanta ranked 30th among top 100 US cities with highest rents

Atlanta is the 30th-priciest rental market in the country, according to Zumper’s November National Rent Report.

Capstone Companies managing director joins CBRE’s multifamily team as SVP

The new executive, Jake Reid, has more than 21 years of experience in the apartment space. 

Atlanta Housing Scorecard: Home sales, inventory gain ground

At the same time, days on market and housing starts have both increased.

Mayfair on Main in Alpharetta starts selling

The luxury community features a mix of detached homes and townhouses priced from $1.3 million. 

Buyer’s agent commissions remain mostly unchanged under NAR’s new rules

The new findings come from real estate tech strategist Mike DelPrete.

Kennesaw townhouse community begins sales

The Traton Homes development, Townes at South Main, offers 44 units priced from the high $400,000s. 

New BTR property manager Prim Properties hires controller

Before joining Prim Properties, the executive served as CFO at REM Living. 

New Powder Springs apartment community opens

Springside, a multifamily development in downtown Powder Springs, offers studio, one- and two-bedroom apartments across from Thurman Springs Park.

Dawn McKenna’s Christine Lutz to lead sales at downtown Naples redevelopment, The Avenue

The Avenue will feature a mix of high-end retail and hospitality venues, plus 50 upscale residences priced from just under $3 million. 

Society Atlanta begins pre-leasing apartments

The 31-story mixed-use tower in Midtown is set to begin move-ins Dec. 1. 

Harry Norman’s Jessica Weston joins COMPASS Georgia

The former senior vice president and managing broker will work as a sales manager for North Atlanta. 

Parkland Communities names director of investments and business development

In his new role, Michael Paul will oversee all growth strategies and financing for the company, with a focus on its portfolio of build-to-rent and for-sale communities.

Aqua Sandy Springs sells for $36.7 million

The buyer of the 219-unit community is a New York Based firm. 

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