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Prose Lagrange in LaGrange, Georgia
DevelopmentGeorgiaNewsSoutheast

Alliance Residential Opens 315-Unit Prose Lagrange in LaGrange, Georgia

by Channing Hamilton

LAGRANGE, GA. — Alliance Residential Co. has opened Prose LaGrange, a 315-unit property in LaGrange, approximately 68 miles southwest of Atlanta. Located at 1900 Vernon Street, Prose LaGrange includes one- and two-bedroom units averaging 997 square feet. Amenities include a pool, clubhouse with entertainment kitchen, business center with co-working spaces, pet park, fitness center and mailroom with Luxor package lockers. The property is situated adjacent to WellStar West Georgia Medical Center and the Merganser Shopping Center, which includes a Publix, Starbucks and Chick-fil-A.

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Speakers at the Investment Sales panel at InterFace Affordable Housing Southeast
Affordable HousingFeaturesGeorgiaInvestment SalesSoutheast

Volatility Disrupts Investment Sales Activity in Affordable Housing Market, Says InterFace Panel

by Channing Hamilton

ATLANTA — The investment sales market for the affordable housing sector remains muted for one overarching reason: volatility. Cory Sams, executive managing director of GREA (Global Real Estate Advisors), said that a lack of certainty, especially in the capital markets, is giving buyers and sellers of affordable housing properties pause. “The worst thing for a deal is [interest rates] constantly moving around,” she said. “When they were running up and down, every deal fell apart.” Doug Childers, senior managing director of JLL, estimated that affordable housing transaction volume fell 40 …

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GeorgiaInvestment SalesNewsSoutheast

Cushman & Wakefield Arrange Sale of 362-Unit The Flats at Westshore in Cumming, Georgia

by Channing Hamilton

CUMMING, GA. — Cushman & Wakefield have brokered the sale of The Flats at Westshore, a 362-unit community in the Atlanta suburb of Cumming. The Flats at Westshore was built in 2022 and is situated within the Westshore Town Center, a 20,000-square-foot retail center. Weinstein Properties acquired the asset from Atlantic Residential for an undisclosed price. Robert Stickel, Alex Brown, Ashlyn Warren, Michael Kay and Sim Patrick of Cushman & Wakefield represented the seller in the transaction.

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Gateway at Rossville in Rossville, Georgia
Affordable HousingDevelopmentGeorgiaNewsSoutheast

Gateway Opens 156-Unit Workforce Housing Community in Rossville, Georgia

by Channing Hamilton

ROSSVILLE, GA. — Gateway Development Corp., an affiliate of Gateway Management Co., have opened Gateway at Rossville, a 156-unit workforce housing community located in the Chattanooga, Tennessee suburb of Rossville. Arlington Construction served as the general contractor. Valdosta, Georgia-based Studio 8 Design was the architect. Situated on 18 acres, Gateway at Rossville is available to households earning at or below 60 percent of the area median income. Amenities include a clubhouse with gathering spaces, pool, fitness center, computer room, playground and covered pavilion with a picnic area. The construction of …

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Park Center in Dunwoody, Georgia
DevelopmentGeorgiaNewsSoutheast

KDC Secures Approval for Construction of Two New Towers at Mixed-Use Park Center in Atlanta Suburb

by Channing Hamilton

DUNWOODY, GA. — The Dunwoody City Council has approved the rezoning of Phase IV of Park Center, a 17-acre mixed-use development in the northern Atlanta suburb of Dunwoody. KDC, a Dallas-based developer and investment firm, is the master developer for the project. Locally based Cooper Carry will serve as the architect. The original plan for the project involved the construction of a single 2.2 million-square-foot office tower, which would act as the East Coast hub for State Farm Insurance. The amended zoning will allow KDC to change its plans to …

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Prose Columbus in Columbus, Georgia
DevelopmentGeorgiaNewsSoutheast

Alliance Residential Completes 340-Unit Prose Columbus in Columbus, Georgia

by Channing Hamilton

COLUMBUS, GA. — Alliance Residential Co. has delivered Prose Columbus, a 340-unit property in Columbus, approximately 80 miles southwest of Atlanta. Situated at 6700 River Road, Prose Columbus offers one- and two-bedroom apartments averaging 960 square feet. Amenities include a fitness center, mailroom, business center with co-working space, dog park, a pool with tanning shelves and in-pool loungers, two grilling stations and a resident clubroom with an entertainment kitchen. Architect Dynamik Design designed the property.

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DevelopmentGeorgiaNewsSoutheast

SHR Resi Completes 212-Unit The Howell in Atlanta

by Channing Hamilton

ATLANTA — SHR Resi, a wholly owned subsidiary of Songy Highroads, has completed The Howell in Atlanta’s Upper Westside neighborhood. The Howell comprises 212 units in one-, two- and three-bedroom layouts. Amenities include a pool with a deck, co-working space, clubhouse, pet run and pet spa, fitness center, open-air lounge on the seventh floor and a gated and covered parking garage. The property also includes 3,500 square feet of ground-level retail space. Gables Residential will manage the community.

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Affordable HousingDevelopmentGeorgiaNewsSoutheast

MicroLife Institute, Hope Springs Housing Break Ground on Affordable Housing Project in Atlanta

by Channing Hamilton

ATLANTA — A partnership between MicroLife Institute and Hope Springs Housing has broken ground on Hope Springs Townhomes, an affordable housing development in the Hammond Park neighborhood of Atlanta. Hope Springs Townhomes will comprise 10 townhome-style units, which will be built by Middle Housing Co. This is MicroLife’s first project as a full-time developer. Hope Springs Townhomes will provide housing to women coming out of incarceration for nonviolent offenses, as well as their children. The community will be available at 30 percent of the area median income. Hope Springs Housing …

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DevelopmentGeorgiaNewsSoutheast

High Street Residential Acquires Four Acres Near Atlanta for 350-Unit Development

by Channing Hamilton

BROOKHAVEN, GA. — High Street Residential, the residential subsidiary of Trammell Crow Co., has acquired a four-acre parcel in the Atlanta suburb of Brookhaven. The buyer plans to develop a 350-unit community on the site. The development will be called The Residences at Perimeter Summit. Construction on the project is slated to begin by the end of the year. The project is expected to welcome its first residents in the fall of 2026. The Residences at Perimeter Summit will offer a mix of studio, one- and two-bedroom units with an …

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Provenza at Old Peachtree in Suwanee, Georgia
GeorgiaInvestment SalesNewsSoutheast

RangeWater, Nippon Steel Kowa Acquire Provenza at Old Peachtree Near Atlanta

by Channing Hamilton

SUWANEE, GA. — RangeWater Real Estate and Nippon Steel Kowa Real Estate have acquired Provenza at Old Peachtree, a garden-style community located at 1460 Distribution Drive in the Atlanta suburb of Suwanee. The asset will be rebranded as Echo Ridge Suwanee. The property offers amenities such as a pool, outdoor patio with a fireplace, fitness center, clubroom, catering kitchen, car care center, business center with a private meeting space and a community pond with walking trails. The new owners are planning to add a dog park and a pet spa …

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