ATHENS, GA. — Columbia Residential, in partnership with the Athens Housing Authority and Jonathan Rose Cos., has closed on $65 million in financing for development of The Square at NoDa. The 146-unit affordable housing community represents the second phase of a larger redevelopment of approximately 12 acres in north downtown Athens that was formerly home to the Bethel Midtown Village housing development, which was constructed in the early to mid-1970s and demolished in 2021. Phase I consisted of The View at NoDA, a 120-unit mixed-income community that opened in December …
Georgia
CHAMBLEE, GA. — Atlas Real Estate Partners has opened The Hawkins, a 192-unit property in Chamblee, 14 miles northeast of downtown Atlanta. In addition to Atlas, the development team included FIDES Development, New South Construction, Nelson Architects, Banko Design and Greystar Property Management. The Hawkins offers a mix of studio, one-, two- and three-bedroom units and such amenities as a sky lounge with panoramic views of the neighboring Dekalb-Peachtree Airport, coworking spaces, an indoor-outdoor fitness center, a resort-style pool, ground-floor retail and a dog spa.
ATLANTA — Bell Partners has acquired Rock Springs Village in Atlanta. The seller and sales price were not disclosed. The 558-unit property was developed in three phases in 1987, 2003 and 2005. Greensboro, North Carolina-based Bell Partners bought the property with a value-add fund and is planning renovations to units and common areas. It will be rebranded as Bell Rock Springs. The community features two pools and two fitness centers, a clubroom and outdoor gathering areas. The property is adjacent to Bell Morningside, a 110-unit asset Bell Partners acquired in …
SHERMAN OAKS, CALIF. — Walker & Dunlop has arranged $625 million in fixed-rate Freddie Mac loans on behalf of Sherman Oaks-based IMT Capital. The company is refinancing eight garden-style properties in six metros — San Diego, Los Angeles, Denver, Atlanta, San Francisco and Nashville, Tennessee. The portfolio is comprised of 3,096 units. Walker & Dunlop’s team was led by Cory Wizenberg, Matt Wallach, Stephen West, Walker Layne, AJ Wright and Sebastian Tamayo.
BROOKHAVEN, GA. — Third & Urban and HighBrook Investors have assembled 30 acres for the redevelopment of Corporate Square, a 1970s-era office park in the Atlanta metro city of Brookhaven. The site, located between Buford Highway and Interstate-85, has been dubbed Northbend in reference to the bend of Peachtree Creek along its northern edge. Atlanta-based developer Third & Urban and West Palm Beach, Florida-based HighBrook, a financial partner, are finalizing partnerships to begin construction for the initial phases of the new mixed-use district, valued at $605 million. The assemblage comprises …
WOODSTOCK, GA. — Atlanta-based Mesa Capital Partners has broken ground on Sutton Row, a 290-unit project situated on 9 acres within the Buice Lake master-planned community in Woodstock, 30 miles north of Atlanta. Amenities will include a multi-story clubhouse with a coffee bar and market, a coworking lounge with private conference space and a fitness center with a yoga studio and spin room. Outside, residents will have access to a resort-style pool, a covered pavilion with grilling stations and direct access to a future walking trail. Focus Design Interiors is …
WinnResidential Tapped to Manage 28-Property Affordable Housing Portfolio
INDIANAPOLIS — WinnResidential has been retained by KCG Cos. to operate 28 of the Indianapolis-based developer’s properties. Winn assumed leadership of operations and property management of 4,147 units in July and is expected to be selected to manage future communities over the coming year. KCG-owned workforce and affordable housing communities are located in Colorado, Georgia, Maryland, New York, Ohio, South Carolina, Texas, Virginia and Wisconsin. The company’s portfolio is comprised of approximately 34 communities. WinnResidential is the property management division of Boston-based WinnCompanies.
ATHENS, GA. — Trilogy Investment Co. (TIC) has acquired REV3 at Mill Creek, a townhome development project in Athens originally planned as a for-sale community. Trilogy will convert the property to rentals and complete the project by approximately November of this year. TIC has two additional for-sale-to-rental conversion deals expected to close in the next 90 days. Each home will offer three bedrooms and two and a half or three bathrooms, with open-concept layouts, stainless steel appliances, smart home technology and attached garages. Amenities will include walking trails, open green …
MCDONOUGH, GA. — Thompson Thrift has opened The Levi, a 212-unit property in the southern Atlanta suburb of McDonough. Move-ins began in August, and full completion is expected in February 2026. The project is located on 15 acres at 1400 Jr. Grant Blvd., about 28 miles from downtown Atlanta, within the 158-acre master-planned Bridges at Jodeco development. Amenities at the gated community include a 24-hour fitness center, a resort-style pool, firepits, a pickleball court, a dog park and pet spa with a grooming station, billiards and shuffleboard. Equity for the …
LAWRENCEVILLE, GA. — Crescent Communities has opened HARMON Cedar Run, a build-to-rent (BTR) community in the North Atlanta suburb of Lawrenceville. HARMON is the Charlotte, North Carolina-based developer’s branded BTR product, offered alongside Crescent’s luxury NOVEL brand and RENDER, a portfolio of branded communities designed to serve middle-market renters. HARMON communities are supported through a joint venture partnership with a separate account managed by Heitman, which recently increased its commitment from $235 million to $345 million. HARMON Cedar Run is situated on 38 acres and is comprised of 151 three- …