Category: <span>Developer</span>

Affordable housing goals meet market realities in proposed Atlanta developments

October 12, 2018 / By WebSiteAdmin

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 […]

New affordable housing available on Atlanta Beltline

October 12, 2018 / By WebSiteAdmin

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 […]

Capital One Provides $14.9M HUD Loan to Rehab Affordable Housing Community in Atlanta

October 12, 2018 / By WebSiteAdmin

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 […]

CIM Group Sole Bidder For The Gulch Site

August 13, 2018 / By WebSiteAdmin

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 […]

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