For starters, the monthly rent is to jump by nearly 50 percent at one proposed apartment complex that’s to replace a planned teardown of duplexes located north of Atlanta’s Oakland Cemetery. This is just one of several developments that may give members of the Atlanta City Council an opportunity to ponder aloud the city’s state […]
A new affordable development in the Capitol View neighborhood was recently completed, according to a press release. On Monday, Sept. 10, the ribbon was cut on Gateway Capitol View Senior Residences, a 162-unit, transit-adjacent, affordable living community for people over 55. In January of 2017, the story of affordable housing along the Atlanta BeltLine began […]
ATLANTA — Capital One has provided a $14.9 million HUD 221(d)(4) rehabilitation and permanent financing loan for Bethel Towers Apartments, an affordable multifamily property located in Atlanta’s Sweet Auburn neighborhood. Capital One’s Carolyn Whatley originated the loan, which features a fixed interest rate and a 40-year term. The Benoit Group, the borrower, is partnering with […]
Los Angeles-based CIM Group was the sole bidder on Atlanta’s famed Gulch property, a site that could be the linchpin of Atlanta’s plans for Amazon HQ2. The Georgia State Properties Commission placed the 9.3-acre Gulch site in South Downtown up for sale last month. The only group to offer a bid was called 30 Spring […]