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.

Last October, the Douglasville City Council approved the rezoning of 83.3 acres near the intersection of Prestley Mill Road and Timber Ridge Road to allow for the subdivision, which will be called Somerset at Timber Ridge.

The sale of the communities follows the investor’s December 2021 announcement that it would break ground on a community in Conyers later this month.

Nationally, housing prices were also on the rise, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index. 

The year ended with days on market falling to 49 from 61, while sales of existing homes plunged on an annual basis.

“Do something to improve your business every day.” — Casey Sears, associate broker, Century 21 Connect Realty

DECEMBER 29, 2021
South Florida Agent’s top 5 Association News items from 2021
In 2021, our guest contributors shed light on critical topics, including affordable housing, diversity and unconscious bias.

Fears of an economic fallout are causing long-term U.S. mortgage rates to fall as the newest COVID-19 strain reignites worry among Americans. 

Of the many industry heavyweights who participated in Who’s Who 2021, some profiles experienced extremely high readership. Check them out.

Our Agent Snapshot feature offers a spotlight on some of the many hardworking around Atlanta. And over the past year, our readers have enjoyed learning more about their lives and careers. Check out our most viewed Agent Snapshot profiles.

2021 was a fascinating year for the real estate market — particularly in Atlanta. Check out the hometown stories that most interested our Atlanta readers.