The property, which will be renamed Bell Morningside, was purchased as part of a four-asset portfolio. 

Peebles Corp.’s development plan calls for 495 apartments, office and workshare facilities, retail, hotel rooms and more than an acre of open space. 

The Atlanta-based apartment developer has been on a selling and building spree over the last year. 

Mortgage rates rose to 6.9%, the highest they’ve been since April 2002.

The head of the Atlanta Preservation Center reportedly said the L-shaped tower would “besiege” an adjacent historic apartment building. 

First-time homebuyers now make up 45% of current homebuyers, according to Zillow. The numbers represent a rebound from the lows of the pandemic.

HomeAid Atlanta volunteers from the real estate community packed hundreds of CareKits for local homeless residents and provided needed maintenance work at area homeless facilities last month. 

The completion of the property, Westbound at The Works, will mark the end of The Works’ phase one development, which spans 27 acres and includes 184,000 square feet of retail and 125,000 square feet of office space. 

The new franchise will be the brokerage’s 16th in Europe as it pursues other expansion opportunities around the world. 

The master-planned community will be known as Oak Hill Reserve and is slated to open in spring 2023. 

The number of homes sold in September fell 9.8% from August to 5,680 properties, which was 21.9% lower than the 7,274 homes sold a year earlier. 

The former chairman and CEO of the homebuilder died of Parkinson’s disease at 81. 

The Atlanta-based multifamily firm is expanding into Denver, Phoenix and Salt Lake City. 

The garden-apartment project sits on more than 23 acres adjacent to Sugar Hill’s new master-planned downtown. 

The recipient, Jennifer Barnes, founded the nonprofit Solidarity Sandy Springs during the first year of the COVID pandemic. 

The properties, which were purchased for an undisclosed amount, total 1,080 apartment units.