Georgia

Carrena-Buford
DevelopmentGeorgiaNewsSoutheast

Vida Cos. to Build Carrena in Buford, Georgia

by Lynn Peisner

BUFORD, GA. — Vida Cos. has closed on financing for the construction of Carrena, a ground-up development in in the northern Atlanta suburb of Buford. The 289-unit Careena is the first of three planned projects supported by capital from the $47 million, still-open Vida Opportunities Fund. Carrena will be comprised of four-story buildings served by elevators and such amenities as a saltwater pool, fitness center with yoga facilities, piano lounge, rooftop deck and lounge and a nature trail. The community will include one-, two- and three-bedroom floor plans. The design …

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River-Ford-Brunswick
GeorgiaLeasing & MarketingNewsOperationsSoutheast

Material Capital Partners Opens Leasing at River Ford in Georgia’s Golden Isles

by Lynn Peisner

BRUNSWICK, GA. — Material Capital Partners has begun leasing at River Ford, a 170-unit build-to-rent community in Brunswick. Located on approximately 28 acres on Canal Road, River Ford’s rental homes feature quartz countertops, stainless steel appliances, smart home technology, private patios and fenced backyards. Amenities include a clubhouse with a fitness center and coworking space as well as a resort-style pool, two lakes with a fishing dock, a dog park, playgrounds, a trail system and landscaped green spaces throughout the property. Greystar is managing the community.

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Newnan-Crossing-Newnan
DevelopmentGeorgiaNewsSoutheast

Wood Partners Breaks Ground on Alta Newnan Crossing in Metro Atlanta

by Lynn Peisner

NEWNAN, GA. — Wood Partners has broken ground on Alta Newnan Crossing in Newnan, 40 miles southwest of Atlanta. Alta Newnan Crossing features 274 apartment units in a mix of one-, two- and three-bedroom layouts as well as seven townhomes, each with three bedrooms, two bathrooms and a two-car garage. Amenities include a clubhouse, fitness room, package room, coworking space, a courtyard and resort-style pool. The site will also provide connectivity to the LINC Trail, Newnan’s multi-use path system. Completion is slated for fall 2027.

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Woodrow-House-Atlanta
DevelopmentGeorgiaLeasing & MarketingNewsOperationsSoutheast

Woodfield Development Begins Pre-Leasing at Woodrow House on Atlanta’s Westside Beltline Trail

by Lynn Peisner

ATLANTA — Woodrow House, a 325-unit mixed-income community under construction along Atlanta’s Westside Trail, has reached its full structural height, marking the start of pre-leasing. Woodfield Development’s project includes a mix of mid-rise apartment buildings, two-story “live-work units” and townhomes, as well as approximately 12,000 square feet of retail space fronting the new Beltline spur along Woodrow Street. The Beltline is former rail corridor turned urban trail and redevelopment loop around Atlanta. Initial townhome deliveries are slated for July, and the first multifamily units are anticipated to be complete in …

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DevelopmentGeorgiaNewsSoutheast

Thompson Thrift Opens The Liliana in Pooler, Georgia

by Lynn Peisner

POOLER, GA. — Thompson Thrift has opened The Liliana, a 360-unit development in the Savannah, Georgia, suburb of Pooler. Move-ins began in July of 2025 while construction wrapped up in April of 2026. The project is situated on 23 acres and includes one-, two- and three-bedroom units and amenities such as a fitness center, resort-style pool, electric firepits with seating area, a pickleball court and a dog park. Some units include a private yard, patio or balcony.

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Resia-Tributary-Douglasville
GeorgiaInvestment SalesNewsSoutheast

Elmington Residential Buys Resia Tributary in Metro Atlanta for $73.3M

by Lynn Peisner

DOUGLASVILLE, GA. — JLL has arranged the $73.3 million sale of Resia Tributary, a 433-unit community in the western Atlanta suburb of Douglasville. Miami-based developer Resia was the seller, and Nashville, Tennessee-based investor, developer and property manager Elmington Residential was the buyer. Located at 1851 Market St., the asset was built in 2023 and includes a mix of studios, one- and two-bedroom units and such amenities as a pool, 24-hour fitness center, pickleball court, outdoor gaming area, dog park and a multi-purpose community room with workspaces. Additionally, Resia Tributary includes 12,341 …

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Canopy-Crest-La-Grange
Build-to-RentDevelopmentFinanceGeorgiaNewsSoutheast

River North Partners Underway on BTR Project South of Atlanta

by Lynn Peisner

LA GRANGE, GA. — River North Real Estate Partners has broken ground on Canopy Crest, a build-to-rent community in La Grange, 67 miles southwest of Atlanta. JLL arranged a $33.5 million construction loan for Phase I, which includes 152 rental homes in a mix of duplexes, detached homes and a product type River North refers to as a “barndominium,” an apartment floor plan averaging approximately 1,242 feet. All homes will be finished with granite countertops, stainless steel appliances, vinyl plank flooring and smart locks and thermostats. Amenities include a fitness …

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Tower-on-Piedmont-Atlanta
GeorgiaInvestment SalesNewsSoutheast

TruAmerica Buys Atlanta High-Rise

by Lynn Peisner

ATLANTA — TruAmerica Multifamily has acquired The Tower on Piedmont, a 20-story, 155-unit high-rise community in Atlanta’s Buckhead submarket. The seller and sales price were not disclosed. Los Angeles-based TruAmerica has acquired approximately $250 million in market-rate and affordable housing since the start of 2026. With the new Buckhead addition, the company now owns and manages about 3,000 units in Atlanta. The prior owner invested $3 million in capital improvements to the property’s interiors, and TruAmerica plans to pick up the mantle with additional unit upgrades as well as updates …

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Harbor-Point-Baltimore
GeorgiaInvestment SalesNewsSoutheastVirginia

Harbor Group International Buys 11 Properties from AH Realty Trust for $562M

by Lynn Peisner

NORFOLK, VA. — Harbor Group International (HGI) will acquire 11 properties from AH Realty Trust (NYSE:AHRT) for $562 million. The 11 assets represent the majority of Virginia Beach-based AHRT’s multifamily portfolio. The REIT will retain Smith’s Landing and plans to separately market its remaining two properties, The Everly in Roanoke, Virginia, and Solis in Gainesville, Georgia. HGI has provided a $15 million nonrefundable deposit, and the all-cash transaction is not contingent on financing. The transaction is expected to close by mid-year. AHRT’s long-term goals are to simplify its platform by …

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The-Corwyn-South-Point-McDonough
GeorgiaInvestment SalesNewsSoutheast

ECI Group Sells 260-Unit Corwyn South in Metro Atlanta

by Lynn Peisner

MCDONOUGH, GA. — ECI Group has sold The Corwyn South Point Apartments in McDonough, 30 miles southeast of Atlanta, to Morgan Properties. Monthly asking rents for the one- to three-bedroom units range from $1,463 to $3,567, according to Apartments.com. Newmark’s David Gutting represented ECI Group in the transaction. Corwyn South Point residents have access to a 2,000-square-foot clubhouse with a kitchen; a fitness center with a yoga/spin room; a lounge with fireplace, TV and media center; a dog park; resort-style pool; and grilling and fire pit areas. Conshohocken, Pennsylvania-based Morgan …

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