Real Estate Briefs

▲The City of Atlanta’s housing authority, Atlanta Housing, closed on $43.6 million in financing in December to build Madison Reynoldstown, with all homes reserved for affordable housing. The 116-unit building, designed by Praxis3, will be located at Memorial Drive and Chester Avenue, just steps from the Atlanta BeltLine’s Eastside Trail. There will also be $2,700 square feet of ground floor retail space fronting the BeltLine.

▲Toll Brothers has announced two new projects: Eloise at Grant Park and

Beckham Place at Morningside. Eloise will feature 12 townhomes priced in the low $500s and 18 stacked flats starting in the upper $200s. The community is located less than half a mile from Grant Park at Eloise and Grant Avenues. Beckham Place, 1797 Piedmont Ave., will feature 60 townhomes beginning in the mid-$600s. The onsite sales center is already open. Visit TollBrothers.com/GA for details on both projects. ►The Decatur Housing Authority (DHA), in partnership with Columbia Residential, was recently awarded a low-income housing tax credit from the

Georgia Department of Community Affairs to provide funding for the second phase of Columbia Senior Residences at Decatur East.The mixed-income community for seniors 62 and older will be located at 515 East Freeman Street in Decatur, adjacent to the Avondale MARTA station. DHA was also recently honored by the Atlanta Regional Commission and National Association of Housing Redevelopment for its transformations of Trinity Walk and Oakview Walk to provide affordable and workforce housing in the City of Decatur.

▼The 565 Hank apartment complex in Summerhill was 80 percent leased in December, just six months after opening to tenants. The building anchors the 80-acre redevelopment of the former Turner Field property, now owned by

Georgia State University and Carter. The 306-unit luxury includes one-, two- and three-bedroom apartments, as well as six live-work units. Of the one- and twobedroom residences, 31 are reserved for renters earning 80 percent of the area median income. For more information, visit 565hankapts.com. The former 12-story office building at 1655 Peachtree St., which was capped with a peach-shaped advertising billboard during the 1996 Olympics, has been transformed into an apartment complex called The Peach. Overlooking the Downtown Connector and across the street from the AMTRAK station, the 107 luxury apartments are renting for $1,665 to $3,100. Amenities include pet park, rooftop deck and lounge, and workshare office spaces. For more, visit 1655peachtree.com.

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