The real estate brokerage The Agency has opened its second Georgia location and with a new office in Savannah. The Agency Savannah will be led by Managing Partners Alison Melton and Courtney Heidik. Melton is also the managing partner of The Agency Hilton Head and The...
The real estate investment trust UMH Properties Inc. (NYSE: UMH) has acquired Albany Dunes, a manufactured home community in Albany, Georgia for $2.6 million. The 43-acre community contains 130 developed homesites, of which 32% are occupied. Samuel A. Landy, UMH...
ECI Group has broken ground on The Averly Richmond Hill, a $60 million, 291-unit, mixed-use development with retail acreage in the Savannah suburb of Richmond Hill, Georgia. The Averly Richmond Hill will feature 243 apartment-style units plus 48 three-story townhouses...
The board of commissioners of Georgia’s Fulton County is proposing a 12.5% hike in property taxes to cover the costs of funding the county jail. Atlanta First News reports the proposal involved an increase in the millage rate by one point to 9.87 mills, which would be...
Arlington, Virginia-based Blackfin Real Estate Investors LLC has acquired Sage Creek Apartments, a 120-unit garden-style community in Augusta, Georgia, for $17.3 million. Sage Creek Apartments was built in 2016 and encompasses one- and two-bedroom apartments ranging...
Small Mortgages Fall Below 3% of Originations, Exposing Rural Lending Gap
