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. 

The pandemic has brought about a significant shift in real estate investment strategies, among them a keen interest in secondary U.S. cities like Atlanta. 

What is the state of Atlanta luxury real estate? Check out how our readers responded to the Luxury Survey, including recent changes in the market and what amenities buyers are looking for.

Financial terms of the transaction were not disclosed, but the buyer used a $48 million bridge loan in support of the acquisition. 

Parent company DRB Group is consolidating its five homebuilding units into two brands, DRB Homes and DRB Elevate.

Days on market dropped to 41 from 51, while housing starts rose from 3,627 to 4,419.

“Treat it as a job and schedule activities through the day.” — Neel Midha, associate broker, Harry Norman, Realtors

The Corwyn is a new class-A multifamily brand being rolled out by the Atlanta developer, which broke ground on the Corwyn at Conyers in January. 

The new build-to-rent neighborhood, University Commons, features two-story detached homes with three bedrooms and three baths in each residence. 

New data indicates the Atlanta real estate market remains hot, despite worries about rising interest rates. 

The popular Beltline community from The Providence Group will add another 72 condominiums to the Atlanta real estate market with units priced from $619,900 to $729,900. 

Financial details of the transaction were not disclosed, but the property was purchased for $24.8 million in 2017 and was appraised at $43 million for the 2022 tax year. 

The new We Insure franchise will provide insurance services to the brokerage’s clients via its four Atlanta-area locations.