Local News
Real estate news in Atlanta
The Westside land purchased by the Allen Morris Co. is surrounded by areas of future development, including Microsoft’s planned campus at Quarry Yards.
The lots purchased by Blue River Development are in five master-planned communities around McDonough.
The Modera Old Ivy in Buckhead is expecting its first move-ins early next month.
According to local tax records, the communities were purchased for about $133 million in 2018.
“Find a good mentor and brokerage that fits your vibe.” — Josh Moss, real estate advisor, Engel & Völkers Atlanta
The new hire, Blake Irving, will help train the firm’s more than 1,500 associates, emphasizing technology, engagement and innovation.
The 55-plus rental community is budgeted at $35 million and is backed by Grammy award-winning Christian musician Lecrae Moore.
Financial terms of the transaction were not disclosed, but Gwinnett County records show that the asset was last purchased for $101 million on April 26
Managing broker and sales manager Ennis Antoine received the Meritorious Service Award because of the legislative and regulatory work he did for the National Association of REALTORS® as a Federal Political Coordinator.
The Sonesta Extended Stay Suites was purchased as part of a nine-property portfolio of hotels slated for conversion by a Utah developer.
In her new role, Sloane Morris will recruit and train advisors at the two brokerages and work to further develop partnerships with local homebuilders.
“Never take yourself too seriously, and keep a sense of humor.” — Sarah Chatel, Rainmaker and CEO, Chatel Group, Keller Williams Realty Atlanta Midtown
The new owner plans to make numerous capital improvements to the 182-unit, garden-apartment community.
Active listings in the Atlanta area rose 19.9% compared to March, while the number of homes sold fell 6.1%, Georgia MLS reported.
Middleburg Communities spent $10 million bringing an abandoned apartment community back to life in South Fulton.
Seventy percent of the 185 metros surveyed by the National Association of REALTORS® saw double-digit price gains in the first quarter, compared to 66% in the preceding period.
