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Atlanta's original leading source for commercial real estate news, analysis, trends, events and resources in office, industrial, retail, multifamily, hotel, healthcare and net lease property sectors.
The portfolio covers 709 homes and a total of 1.4 million square feet.
The sector struggles to meet demand due to power constraints and supply chain delays.
Much of the growth was driven by Hurricane Helene refugees last year.
Leasing activity in 2024 hit 10.6 million square feet, up 8.8% from the previous year.
Here are two reasons why, according to Marcus & Millichap.
The largest share of the apartments are going to LRE.
Investment by the developer and companies that locate there will be at least $2 billion.
It has properties outside of Georgia.
Equity's recent activity shows that its targeting the Sunbelt.
The board's decision will result in the construction of 903 new affordable housing units and the preservation of 140 units.