“Prospect, stay determined, pray, pay taxes, save money and seek help.” — Akia Shaw, Principal, PalmerHouse Properties – North Druid Hills

Level Craft Construction has historically focused on Avondale Estates, Decatur, Druid Hills, Morningside, Midtown, Oakhurst, East Lake, Candler Park, Edgewood and Virginia Highland.  

The community is located on the corner of Eastland Road and Lake Drive and abuts Glen Emerald Park, which includes 28 mostly wooded acres surrounding a lake.

The acquisition is the first by Grand Oak, a holding company formed to acquire and manage small builders across the U.S.

Decatur and the city of Atlanta saw the greatest monthly declines in the median rent for a one-bedroom apartment in December, while Smyrna and Alpharetta had the greatest increases, online listing agent Zumper reported.

“MBA expects solid growth in purchase activity this year, as demographic drivers and the strong economy support housing demand,. However, the strength in growth will be dependent on housing inventory growing more rapidly to meet demand.” — Mortgage Bankers Association associate vice president of economic and industry forecasting Joel Kan

The Geneva-based investment and wealth-management firm rebranded the asset, which is located at 1000 Ashwood Parkway, as Westmount Ashwood.

The 396-unit Crest at Riverside multifamily community is located at 100 Chattahoochee Circle.

Work on the 19-acre development is scheduled to begin later this month and will soon be followed by the construction of other suburban, Sunbelt communities.

An analysis by iBuyer Opendoor found that the most highly searched ZIP codes in Atlanta were far outside the city center.

The brokerage, ERA Foster & Bond, is led by qualifying broker and owner Rusty Willis and associate broker and owner David Wrenn, who co-founded Capital City Realty in 2010.

The homebuilder, Traton Homes of Marietta, originally sought to build 145 townhomes on a 25-acre parcel at the southern end of South Cobb High School Road.

The investor has been active in the Atlanta-area multifamily market. The latest transaction marks the firm’s 15th acquisition of a multifamily asset in Georgia.

Shannon Bradshaw is the only Georgia-based loan originator to have won Five Star Professional’s award seven times since its inception in 2003.

The financing will be used by an affiliate of Lincoln Avenue Capital to acquire the historic loft property and preserve its 201 units of affordable housing.

Atlanta took seventh place, while Tampa, Fla., was ranked first.