Sub Markets

Property Sectors

Topics

Atlanta & Southeast News In Your Inbox

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

New call-to-action
Atlanta & Southeast  + Atlanta  + Apartments  | 
Skyline Apts

250-Unit Beltline Affordable Rental Project Open to Tenants

Exact Capital and Aleem Construction delivered the Skyline Apartments, an 11-story, 250-unit development along Hank Aaron Drive. All of the apartments will be rented at prices affordable to residents earning at or below 60% of the area median income.

Financing was provided by Invest Atlanta, Goldman Sachs, Stonehenge, Local Initiatives Support Corp. and Walker & Dunlop. The $94 million project broke ground in 2022.

Leasing has started at the development, which is approximately 20% occupied. The building features a mix of studios and one- and two-bedroom units, with a base rent of $1,200 per month.

In the same area as Skyline Apartments, shops and restaurants are starting to open at Terminal South. The mixed-use development will be located at the final stop of MARTA’s Rapid A-Line, the region’s first bus rapid transit line, which will connect the Southside Trail to Downtown.

Atlanta Beltline Inc. plans to complete the entire Southside Trail in time for the 2026 FIFA World Cup.

Connect

Inside The Story

Exact Capital

About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

  • ◦Development
New call-to-action
New call-to-action
New call-to-action
New call-to-action