The proposal calls for the construction of a 163-apartment mixed-use development on 6.9 wooded acres at the northeast corner of South Cobb Drive and Oakdale Road in Smyrna.

The other components of phase one of The Works include 160,000 square feet of retail space and 125,000 square feet of offices.

Founded in 2017, PadSplit is a public benefit corporation that uses an Airbnb-style marketplace for affordable shared-housing options for lower-income individuals.

While buyer preferences for more space — both inside and outside the home — remain and supply chain issues continue to stifle home construction efforts, other factors, such as the potential increase in interest rates, are expected to change the game in 2022.

The decline in mortgage rates prompted an uptick in refinancing, with government refinances increasing more than 20% over the week, MBA associate vice president of economic and industry forecasting Joel Kan said in a press release.

The REACH program aims to identify and accelerate the most promising new technology companies in real estate and adjacent industries, including banking, insurance and home services.

At the same time, days on market fell to 49 from 58.

The property, located at 1851 Satellite Blvd., is a 2011 institutional -quality asset that enjoys an exceptional location, great amenity package and an interior-renovation opportunity, the purchasers said.

“Do not be afraid to ask questions!” — Savannah Lavender, Realtor, Remax Tru

There may be a construction boom, but builders still have a lot of ground to make up from a decade of underbuilding, according to a new report from Zillow.

With home prices continuing to reach new heights  across the country, many potential homebuyers are seeing the mobile-home market in a brand new light as single-family home prices become less affordable for young and middle-class buyers. 

As more money is being spent on real estate than ever before, the booming market is on pace to shatter records this year, according to a recent CoreLogic report.

The Federal Housing Finance Agency (FHFA) recently announced its 2022 conforming loan limits (CLL) for conventional loans acquired by Fannie Mae and Freddie Mac.

The acquisitions of the northeast Atlanta properties come on the heels of other recent multimillion-dollar deals for multifamily communities by local and out-of-state investors.

The properties represent the 12th and 13th communities Bell Partners manages in the Atlanta area and its second and third acquisitions in Atlanta this year.

“Despite higher mortgage rates, purchase applications had a strong week, mostly driven by a 6% increase in conventional loan applications.” — MBA associate vice president of economic and industry forecasting Joel Kan