To live in some place like the Darlington Apartments was certainly not attainable – and others just seemed a little bit too cheap could; but fear had gripped my throat and only a squeak came out. I said as I bounded up the steps, “Sorry, Cloie.. if The gated community’s one-bedroom apartments would rent for about $1,000 each month and the development targets young professionals making between $75,000 and $125,000 annually. If market conditions shift toward sales, the apartments could be sold as A 301-unit apartment complex in Atlanta’s Old Fourth Ward has been sold at the highest level for the city’s rental community since the downturn began. AMLI Residential Properties Trust purchased the 660 Apartments for $42.75 million in cash. Holliday It’s becoming an understatement to say metro Atlanta apartment values are recovering. And the recovery is not limited to one submarket. Take for example three recent multifamily transactions. In Forsyth County, Texas-based Milestone Management A space heater may have started an early morning fire at a Midtown apartment complex that displaced at least six families, authorities said. Investigators found marijuana plants growing inside one of the units at the Victory Group Apartments on Peachtree If our calculations are correct, more than 1,060 condo-quality apartments will be delivered in 2014 around the fringes of Historic Fourth Ward Park. That’s in addition to hundreds of relatively new units that AMLI operates at the park’s edge now, with the .
As the AJC reports, developers are favoring apartments as Atlanta continues to struggle with a glut of unsold foreclosures and high vacancy rates in the office sector. “The developers are eager to capitalize on rising rents, high occupancy rates and the Atlanta’s recovering apartment market might enjoy the brightest outlook of any metro area over the next five years, according to newly released data. That comes as some investors warn of too much exuberance among multifamily investors. ATLANTA — Police are looking for a man accused of stealing residents’ mail at a southwest Atlanta apartment complex. The unidentified man has been seen on security camera breaking into mailboxes at the Shamrock Garden Apartments on Plaza Lane near .