Georgia

Portman-Fairburn

FAIRBURN, GA. — Portman has closed on a land deal in Fairburn, an Atlanta suburb, where it plans to develop a 332-unit property with retail and greenspace. The Atlanta-based development company, founded in 1957, will break ground in late July and estimates completion by June 2027. Meadow Glen Village will include a variety of home types across nine buildings, each with its own dedicated parking. It will also feature a town green for resident events as well as public use. The greenspace will be flanked by two 6,000-square-foot retail buildings that …

0 FacebookTwitterLinkedinEmail
RENDER-Stockbridge

STOCKBRIDGE, GA. — Crescent Communities and equity partner Phoenix Capital Management have opened RENDER Stockbridge, 297-unit community 20 miles southeast of Atlanta. CIBC Bank USA also was a financial partner. Crescent Communities Construction served as the general contractor. Dwell Design Studio is the project’s architect, with Ironwood Design Group handling landscape architecture and Thomas & Hutton conducting civil engineering. Amenities at RENDER Stockbridge include a resort-style pool, a firepit and grills, coworking spaces with private offices and conference rooms, two dog parks a fitness center, a complimentary coffee bar and …

0 FacebookTwitterLinkedinEmail
Waterside-at-Rice-Hope-Savannah

PORT WENTWORTH, GA. — Build-to-rent developer ARK Homes For Rent has begun leasing Waterside at Rice Hope, a newly completed community 13 miles north of Savannah, Ga. Asking rents at the 103-unit townhome community range from $1,999 to $2,024, according to the property website. Units, which vary in size, have three bedrooms and two-and-a-half bathrooms, smart home technology and attached garages. Amenities include a resort-style pool, splash park and walking trails as well as a nearby 35-acre lake with kayaking, paddleboarding and fishing. Residents also have access to a clubhouse …

0 FacebookTwitterLinkedinEmail
Village-at-Legacy

DECATUR, GA. — The Housing Authority of the City of Decatur (Decatur Housing) and nonprofit developer partner Preserving Affordable Housing Inc. (PAHI) completed Phase I and broke ground on Phase II of Village at Legacy on June 18. Once completed, the two-phase development will offer 132 one-, two- and three-bedroom residences across two phases and in a variety of floor plans including townhomes and apartments. The first 66 units in Phase I are being delivered under a $20.4 million construction contract with total project costs reaching $27.9 million. The second …

0 FacebookTwitterLinkedinEmail
Carmichael-Commons

MADISON, GA. — Woda Cooper Cos. and Parallel Housing opened Carmichael Commons in Madison on June 18. The $18.2 million, 60-unit townhome community is comprised of eight one-bedroom, 32 two-bedroom and 20 three-bedroom townhomes. Units are reserved for residents with household incomes up to 50 and 60 percent of area median income (AMI). Six units are offered at market rates without income restrictions. The developers also are underway constructing Prior Farms, an $18.5 million, 40-unit build-to-rent community on adjoining land. The two-phase project will include a new park developed by …

0 FacebookTwitterLinkedinEmail
HSR-Sandy-Springs

SANDY SPRINGS, GA — High Street Residential (HSR), the residential subsidiary of Trammell Crow Co. (TCC), alongside partner Third & Urban, has broken ground on Hillcrest, an 8-acre mixed-use development in the Atlanta suburb of Sandy Springs. Completion is slated for 2027. The project will include 362 apartment units, 30 for-rent townhomes, approximately 18,000 square feet of retail space and a central greenspace plaza. Hillcrest is located adjacent to the $230 million City Springs mixed-use development and is situated on land acquired from the Sandy Springs United Methodist Church, which …

0 FacebookTwitterLinkedinEmail
Porchline-RangeWater

LILBURN, GA. — RangeWater Real Estate, the City of Lilburn and the Lilburn Downtown Development Authority have begun construction of The Porchline, a 269-unit community that will include a 700-space public parking deck in downtown Lilburn, an Atlanta suburb. TMGRI, a subsidiary of The Meridian Group, is also a development partner. Construction completion is expected by approximately late 2026. The Porchline will feature a mix of studio, one-, two- and three-bedroom apartments. The community will feature a pool, grills, a gym, coworking spaces, a dog spa, a bar and a …

0 FacebookTwitterLinkedinEmail
mosaic-pooler-renderings

POOLER, GA. — Berkadia has arranged approximately $60.8 million in construction financing for Bayline Group’s Mosaic Pooler project. The 333-unit community will open by approximately May 2026. Located in Mosaic Town Center, a 170-acre, mixed-use development about 10 miles west of Savannah, Georgia, the community will provide a mix of one-, two-, and three-bedroom units. An affiliate of Bayline Group acquired the 12-acre site at 800 High Ave. in 2023. Bank OZK provided a $47.5 million three-year, floating-rate loan. Berkadia also lined up $13.3 million in preferred equity through FCP. …

0 FacebookTwitterLinkedinEmail
The Maddux at Shadowood

ATLANTA — Marcus Partners and RPM Investments have acquired The Heights at Shadowood, a 287-unit community in Atlanta, for an undisclosed price. The property, developed in 2023 by the Worthing Cos., is one mile from the mixed-use district known as The Battery and Truist Park, home stadium for the Atlanta Braves. The new owners are planning to rename the community The Maddux at Shadowood. Don Hoffman of CBRE Southeast arranged the sale.

0 FacebookTwitterLinkedinEmail
Camino at BuHi

DORAVILLE, GA. — RangeWater Real Estate has opened Camino at BuHi in Doraville, a suburb of Atlanta. The property was developed in partnership with North America Sekisui House, a subsidiary of Sekusi House, one of Japan’s largest homebuilders. Camino at BuHi offers 303 apartment units and townhomes. It is RangeWater’s 26th development in the Atlanta area and the fourth project for its recently launched in-house construction company. Floor plans at Camino at BuHi are offered as studios as well as one-, two- or three-bedroom units. Amenities include a dog park …

0 FacebookTwitterLinkedinEmail