Local News

Real estate news in Atlanta

Star Metals developer pays $31 million for Westside Beltline parcel, plans mixed-use project

The Westside land purchased by the Allen Morris Co. is surrounded by areas of future development, including Microsoft’s planned campus at Quarry Yards. 

Atlanta land developer acquires 1,000 Henry County lots

The lots purchased by Blue River Development are in five master-planned communities around McDonough. 

Preleasing begins at latest Modera luxury tower in Buckhead

The Modera Old Ivy in Buckhead is expecting its first move-ins early next month. 

Investor sells two apartment communities for $224 million after major renovations

According to local tax records, the communities were purchased for about $133 million in 2018. 

Josh Moss

“Find a good mentor and brokerage that fits your vibe.” — Josh Moss, real estate advisor, Engel & Völkers Atlanta

Berkshire Hathaway HomeServices Georgia Properties hires director of agent engagement

The new hire, Blake Irving, will help train the firm’s more than 1,500 associates, emphasizing technology, engagement and innovation. 

122 stacked townhomes headed for South Fulton

The 55-plus rental community is budgeted at $35 million and is backed by Grammy award-winning Christian musician Lecrae Moore. 

The Maven 276-unit community picked up in Suwanee

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 

Compass of Greater Atlanta broker receives national award for work on behalf of NAR

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. 

Chamblee extended-stay hotel headed for multifamily conversion

The Sonesta Extended Stay Suites was purchased as part of a nine-property portfolio of hotels slated for conversion by a Utah developer. 

Sloane Morris named VP of sales and development services for Engel & Völkers Buckhead Atlanta and Atlanta North Fulton

In her new role, Sloane Morris will recruit and train advisors at the two brokerages and work to further develop partnerships with local homebuilders. 

Sarah Chatel

“Never take yourself too seriously, and keep a sense of humor.” — Sarah Chatel, Rainmaker and CEO, Chatel Group, Keller Williams Realty Atlanta Midtown

Community next to Mercedes-Benz Stadium sold for $40 million

The new owner plans to make numerous capital improvements to the 182-unit, garden-apartment community.

GAMLS: Atlanta home sales slide in April as active listings surge

Active listings in the Atlanta area rose 19.9% compared to March, while the number of homes sold fell 6.1%, Georgia MLS reported. 

Investor sells once-vacant South Fulton community after “to the studs” redevelopment

Middleburg Communities spent $10 million bringing an abandoned apartment community back to life in South Fulton. 

Smaller markets lead the way in Q1 home-price gains; Atlanta sees 25.4% rise

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. 

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