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April 10, 2019  

MARKET SPOTLIGHT: Atlanta-Area Apartment Properties

Sales climbed 13% last year to a record $6.9 billion, according to Real Estate Alert’s Deal Database, which tracks trades of $25 million and up. That was the third straight year that the market ranked third nationally in multi-family sales.The average effective rent of $1,210 ranks only 30th among the 52 metropolitan areas tracked by Green Street Advisors. Still, above-average job growth and an increasing millennial population continue to...

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