Foreclosure Shock: Fannie Mae Swoops In on Atlanta’s Peach Tower
Fannie Mae paid $24.6M to buy The Peach at 1655 Peachtree after an April 7 foreclosure auction; title was moved to an LLC tied to a loan servicer amid earlier investor disputes. The sale follows a 2024 refinancing and a lawsuit that was later dismissed.
Douglasville Mega-Complex Snapped Up For $73M By Elmington, Benefit Street
Elmington and Benefit Street paid $73.25M for the 433‑unit Resia Tributary in Douglasville and will rebrand it Sylvan Tributary. The sale spotlights investor demand for newer apartments along Atlanta's I‑20 corridor.
Gwinnett Cracks Down On Short-Term Rentals With New License Rule
Gwinnett County approved an ordinance requiring annual licenses, safety inspections and 24/7 local agents for short‑term rentals in unincorporated areas. The board adopted the measure April 14 and the county has issued an RFP to run the licensing program.
American Landmark Gobbles Up 600 Sun Belt Apartments in Atlanta and Jacksonville
American Landmark bought two Sun Belt apartment communities totaling about 600 units — including Tramore Village in Austell — as it deploys capital from a new fund.
Google Plugs In LaGrange With New Data Center And Big Promises
Google has announced a new data center in LaGrange, pledging infrastructure work and funds for a local energy‑efficiency program as officials weigh impacts. The site marks another major data‑center move into southwest Georgia.












