The properties are Grace Chamblee, a 306-unit community in Doraville, which was purchased for $47.7 million, and Retreat at Stone Mountain, a 212-unit complex, which was purchased with Admiral Capital Group affiliate AB Finance for $26.4 million.

The Park at Netherley was built in 1988, and since 2019, more than $1 million in capital improvements have been completed to increase curb appeal, upgrade interiors, improve exteriors and boost common-area amenities, the investment firm said.

At the same time, the median sales price of properties sold rose 20.1% to $340,000, Georgia MLS reported.

The class-A property, the Quincy, was acquired by Capital Square 1031, which sponsors Delaware statutory trust offerings for Section 1031 exchange and accredited investors, for an undisclosed amount.

If developed, the tower would be the second-tallest in Atlanta by floor count, standing below the Westin Peachtree Plaza Hotel, at 73 stories, and above SunTrust Plaza, at 60 stories.

What does the future hold for Atlanta’s agents, brokers, mortgage lenders and affiliates? Only time will tell, but these are the individuals who will lead the way, no matter the circumstances.

Atlanta’s Rodney Mason, who serves as vice president of mortgage lending with Guaranteed Rate, was named treasurer of the nonprofit, while Anita Blue, who works as an agent and credit restoration consultant at Cap Tex Realty, was named national vice president.

In terms of income, buyers tend to make more than the overall U.S. population. The national median household income in 2019 was $65,700, but the annual median household income for buyers was about $86,000.

Over the last year, Atlanta’s for-sale housing inventory has fallen to 9,450 homes from 13,196.

As more house hunters are opting to live in socially, racially and culturally diverse communities, developers are formulating strategies to list more inclusive properties on the market, according to a report by The Wall Street Journal.  Developers’ strategies include

With the acquisitions, Chevy Chase-based FCP has now purchased 12 properties in the Atlanta metro area in 2021 and 30 assets since it entered the market in 2015.

The topping out of the office component of the three-tower development brings the project one step closer to its planned third-quarter 2022 delivery.

Boston and Raleigh had the highest bidding-war rates, as the rate fell to a 2021 low.

The Southern Post project, budgeted at $110 million, will bring 128 luxury apartments, nine townhomes, 95,000 square feet of creative-loft office space and 40,000 square feet of retail to downtown Roswell.

The four-story, class-A property includes 7,000 square feet of retail space and was built in 2020.

Home-price gains were once again broadly distributed, as all 20 cities in the S&P CoreLogic Case-Shiller Home Price Index rose, although in most cases at a slower rate than a month ago.