Over 130 displaced in fires across metro Atlanta within past 3 days

Over 130 displaced in fires across metro Atlanta within past 3 days

Snow was expected Tuesday across North Georgia, but many metro Atlanta families saw more flames than flurries this week. As a result, over 130 people have to find new homes.

On Thursday alone, 61 people were displaced after two apartment complexes in Sandy Springs and Clayton County became engulfed in flames, according to the Red Cross.

About 20 families, consisting of at least 35 people, were forced from their homes at the Laurel Park Apartments off Ga. 85 in unincorporated Riverdale on Thursday evening, the Red Cross said in a news release.

Earlier in the day, 26 people were displaced when seven units caught on fire at the Winding River Village apartments off Winding River Drive in north Sandy Springs, the nonprofit said.

Both Sandy Springs and Roswell firefighters battled the blaze, Channel 2 Action News reported. One man was sent to the hospital after jumping out of one of the burning apartments, and a responding Sandy Springs police officer sustained minor injuries at the scene. Both are expected to be OK, Channel 2 reported.

#VIDEO: a neighbor gave me this video showing a man jumping out of a burning building in Sandy Spring. Ill have the latest on the investigation tonight at 11 @wsbtv pic.twitter.com/UB9ShQaeI1

— Alyssa Hyman (@AlyssaHymanWSB) February 1, 2019

These two fires come less than 24 hours after 33 people were displaced in a College Park apartment fire that left 10 families without a place to live, AJC.com previously reported.

Over 30 people were displaced in College Park after an apartment complex fire Wednesday night. (Channel 2 Action News)

On Tuesday, two other fires damaged three homes in Clayton County and an apartment complex in northwest Atlanta.

Two homes were nearly destroyed off Sleepy Hollow Lane in unincorporated Jonesboro around midnight Tuesday when a fire spread from neighbor to neighbor. A third home also received heavy damage on the outside, displacing 14 people in total.

RELATED: ‘It’s a nightmare’: 14 displaced after 3 Clayton County homes catch on fire

Three homes were badly damaged in a fire Tuesday just before midnight in Clayton County. (Channel 2 Action News)

Around 1:10 a.m., the Allen Hills Apartments at the intersection of Middleton Road and Allen Temple Court in northwest Atlanta caught on fire, displacing 23 people.

MORE: Nearly 2 dozen people displaced after NW Atlanta apartment fire

The Red Cross is assisting all the people displaced from these five incidents. The organization said it is providing emotional support and “assistance for immediate emergency needs like lodging, food, clothing, toiletries, replacement medications and other essentials” to those affected, according to news releases about the fires.

The causes of the fires haven’t been determined yet, and it’s unknown if the below-freezing temperatures this week have been a factor in the uptick in costly blazes.

In other news:

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TruAmerica and Tokyu Land US Corp buy two Atlanta apartment communities

TruAmerica and Tokyu Land US Corp buy two Atlanta apartment communities

TruAmerica and Tokyu Land US Corp has acquired two Atlanta apartment communities for $127.35 million. The acquired properties are Vinings Corner, a 360-unit community and The Prato, a 342-unit property.

PRESS RELEASE

Los Angeles and Atlanta (January 23, 2019) – TruAmerica Multifamily in partnership with Tokyu Land US Corporation has made its first investments in Georgia acquiring two Atlanta apartment communities in separate transactions totaling $127.35 million.

Since entering the Southeast property markets in 2016, TruAmerica has focused its investments largely in Florida, where it has opened a regional office and built a sizeable portfolio of nearly 4,000 units in Orlando, Tampa, Fort Myers and Palm Beach. Having developed the necessary infrastructure to manage a growing regional portfolio, the firm felt increasingly comfortable with its plans to enter new markets in 2019, according to TruAmerica Senior Managing Director of Acquisitions and Co-Chief Investment Officer Matthew Ferrari.

“We look at new markets very strategically and cautiously, and the acquisition of Vinings Corner in Smyrna and The Prato at Midtown in Atlanta’s Old Fourth Ward was the right opportunity to enter the Georgia market and expand our footprint in the Southeast in a very meaningful way,” said Ferrari. “We’ve been in the market for several months and the competition for well-located communities with value-add upside, has been extremely fierce. In the end, the sellers were looking for high-quality bidders with the ability to execute and close.”

Vinings Corner is a 360-unit community located at 2101 Paces Ferry Road SE in Smyrna and the broader Vinings/Cumberland submarket, one of Atlanta’s largest employment centers. Built in 1983, Vinings Corner, which will be rebranded as Junction at Vinings, represents a true value add opportunity as only three percent of the apartment homes have been fully renovated. Anticipated upgrades to the one- and two-bedroom apartment homes include new appliances, stone countertops, cabinet faces and pulls, hard-surface flooring and upgraded plumbing and lighting fixtures. TruAmerica also will implement modest upgrades to the exterior and common areas including the pool, fitness center and dog park.

In a separate transaction, the TruAmerica-led joint venture also acquired The Prato at Midtown, a 342-unit Class B property located at 400 Central Park Place, NE in the Old Fourth Ward, one of Atlanta’s fastest growing urban neighborhoods. Taking advantage of economies of scale, TruAmerica will implement a capital improvement program similar to that of Vinings Corner, with interior and exterior renovations and upgrades.

This is TruAmerica’s first joint venture with Tokyu Land US Corporation (TLUS), a subsidiary of Tokyu Land Corporation, one of the largest Japanese real estate firms. TLUS focuses on real estate development and investment in major gateway cities in the U.S.

Both acquisitions were leveraged with attractive 10-year financing from Freddie Mac arranged by Brian Eisendrath of CBRE Capital Markets, Inc. for Vinings Corner, and Trevor Fase and Russell Dey of Walker & Dunlop.
Atlanta-based CBRE Southeast Multifamily, led by Vice Chairman Kevin Geiger marketed Vinings Corner on behalf of the seller. Atlanta-based Jones Lang LaSalle Managing Director’s David Gutting and Derrick Bloom marketed Prato at Midtown on behalf of the seller.

About TruAmerica Multifamily
TruAmerica Multifamily is a vertically integrated, value-add multifamily investment firm based in Los Angeles. Founded in July 2013 as a joint venture between Robert Hart and The Guardian Life Insurance Company of America, TruAmerica has been one of the country’s most active multifamily investors and manages an $8.3 billion portfolio of approximately 39,000 units across prime locations throughout Northern and Southern California, Washington, Oregon, Colorado, Arizona, Nevada, Utah, Maryland, Florida and Georgia. For more information on TruAmerica Multifamily, visit http://www.truamerica.com or call (424) 325-2750.

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Motili Wins Energy Retrofit In Atlanta

Motili Wins Energy Retrofit In Atlanta

Denver-based real estate technology provider Motili, which develops a real estate technology platform which provides property owners and investors with repair and replacement coordination, reports that it has completed an energy-efficiency upgrade in Atlanta near Georgia Tech. According to the company, the project was with Westmar Lofts, a "modern" student housing community. Motili did not say what the win was worth, but said it replaced the facility’s entire heating, ventilation, and air conditioning system, which has more than 400 apartments.

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Ahlers & Ogletree’s Signature Estates Auction, Jan. 12-13 in Atlanta, features 1,144 quality lots

Ahlers & Ogletree’s Signature Estates Auction, Jan. 12-13 in Atlanta, features 1,144 quality lots

Royal Copenhagen 93-piece porcelain dinner service in the Flora Danica pattern.

(MENAFN – PRLog) A 93-piece Royal Copenhagen porcelain dinner service for twelve in the Flora Danica pattern, two figural watercolor paintings by the renowned French painter Raoul Dufy (1877-1953), and a 38-carat aquamarine necklace are a few expected top lots. Royal Copenhagen 93-piece porcelain dinner service in the Flora Danica pattern. Spread the Word
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ATLANTA – Jan. 5, 2019 – PRLog — A 93-piece Royal Copenhagen porcelain dinner service for twelve in the Flora Danica pattern, two figural watercolor paintings by the renowned French painter Raoul Dufy (1877-1953), and a 38-carat aquamarine necklace from the collection of the late Lily Langtree are a few expected top lots in Ahlers & Ogletree’s New Year’s Signature Estates Auction slated for the weekend of January 12th and 13th, online and in the Atlanta gallery at 700 Miami Circle.

The Saturday-Sunday auction will be packed with 1,144 quality lots, mostly pulled from prominent local estates and collections. Included will be lovely period antiques, fine art by noted artists, silver, Asian arts, period furniture, fine estate jewelry and more. Online bidding is provided by LiveAuctioneers.com, Invaluable.com, HiBid.com and Bidsquare.com.

Start times will be 10 am Eastern both days. The Royal Copenhagen 93-piece porcelain dinner service for twelve in the Flora Danica pattern carries the catalog’s highest pre-sale estimate, at $50,000-$70,000. Each piece is marked to the underside with the maker’s mark and each piece has the hand-painted Latin name of the plant species that’s depicted.

The untitled (Chevaux a Deauville) figural landscape by Raoul Dufy depicts onlookers at a horse race below a hillside town. The painting was rendered in watercolor and gouache on paper and is signed lower right. It’s nicely housed in a 26 inch by 32 inch frame and is expected to bring $20,000-$40,000. Dufy was a Fauvist painter and brother of Jean Dufy.

The 14kt white gold handmade aquamarine and diamond pendant and chain set features a 38.27-carat medium-blue aquamarine surrounded by 53 one-carat tw diamonds on a 24-inch chain. An accompanying document describes the necklace as being "from the collection of the late Lily Langtree" (1853-1929, the British-American socialite-actress-producer), and it was "displayed at the Paris Exhibition of 1925" (est. $25,000-$35,000).

European furniture will feature a George II-style marble-top and gilt bronze library (or dining) table, made in the 20th century in the manner of William Kent, having a Greek key frieze centered with a mask on eight square tapered and fluted legs (est. $15,000-$20,000); and a rare set of eight Irish-made Queen Anne dining chairs (six from the early 18th century and two later models), appraised in 1987 for $65,000 (est. $15,000-$20,000).

An unsigned, bust-length oil on canvas Portrait of a Lady by British painter Sir Joshua Reynolds (1723-1792), possibly of Lady Charlotte Johnston, housed in a 32 inch by 28 inch frame, is expected to realize $15,000-$25,000. Also, an oil on canvas genre scene by Ivan Trutnev (Russian, 1827-1912), depicting two workmen shooing away stray dogs, artist signed and unframed at 28 ¾ inches by 21 ¾ inches, should make $7,000-$9,000.

Wonderful original oil on canvas paintings by listed French artists will be plentiful and will include the following works:

· L’Hiver a Pomponne by Henri Lebasque (1865-1937), painted in 1906 and signed lower right, an Impressionistic landscape rendering depicting a view on a river in winter, with the canvas measuring about 23 ¾" by 28 ¾" (est. 20,000-$40,000).

· Place de la Bastille, by Edouard Cortes (1882-1969), signed lower left, depicting a Parisian street scene, 23" by 27 ¼" framed (est. $10,000-$20,000).

· Seaside Landscape with Gardener (1978) by Marcel Dyf (1899-1985), one of three works by Dyf in the auction, depicting an ocean shoreline with a woman gardening on a bank, signed and inscribed to verso with date/signature (est. $4,000-$6,000).

· La Danseuse, painted in the mid-20th century by Charles Levier (1920-2003), showing two female dancers and artist signed to lower right and to verso. Verso of canvas also has gallery label remnants specifying artist, title (est. $1,500-$3,000).

An American coin silver soup ladle by Thomas Phillips (1774-1843), with a period script "C" to the front of the handle and a design that suggests it was made during Phillips’ first period in Paris, Ky. (1792-1818), 14 inches long, weighing 5.88 ozt, should bring $10,000-$15,000; and a 70-piece porcelain dinner service in the Audubon pattern by Limoges for Tiffany & Co., each piece with the maker and pattern marks to the underside, is expected to reach $8,000-$16,000.

A Ming Dynasty scroll after Qiu Ying (Chinese, circa 1494-1552), depicting a battle and titled Scene of Zixushanglin, made from ink and pigment on silk and likely crafted late Ming or early Qing, with several period seals, should finish at $10,000-$15,000; while a clear and frosted glass Margaret vase by Rene Lalique (French, 1860-1945), from a model introduced in 1929, about 9 inches tall and marked to the underside "R. Lalique France", is expected to make $6,000-$8,000.

Previews will be held Monday through Friday, January 7th-11th, from 10-5 daily. A preview party will be held on Thursday, January 10th, from 6-9 pm. Light refreshments will be served. Doors will open both auction days, Saturday and Sunday, January 12th and 13th, promptly at 9 am EDT.

Ahlers & Ogletree is a multi-faceted, family-owned business that spans the antiques, estate sale, wholesale, liquidation, auction and related industries. Ahlers & Ogletree is always seeking quality consignments for future auctions. To consign an item, an estate or a collection, you may call them at 404-869-2478; or, you can send them an e-mail, at ( mailto: ).

To learn more about Ahlers & Ogletree and the Signature Estates Auction planned for January 12th-13th in Atlanta, Ga., visit www.AandOauctions.com . Updates are posted frequently. You can also follow Ahlers & Ogletree via social media on Twitter, Instagram, Pinterest and Facebook.

Contact
Elizabeth Rickenbaker
***@aandoauctions.com

MENAFN0501201900703076ID1097930903

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Column: State gives Grove Park apartment development major boost

Column: State gives Grove Park apartment development major boost

As published in the Atlanta Business Chronicle on Dec. 14, 2018

The Westside community of Grove Park has just received a major boost from the state.

The Georgia Department of Community Affairs has awarded the Grove Park Foundation and its partner, Columbia Residential, 9 percent Low Income Housing Tax Credits to build a new 110-unit, mixed-income, multi-family housing development.

The residential development is part of a larger neighborhood revitalization strategy for Grove Park, which also includes initiatives in education, community wellness and financial empowerment in partnership with Grove Park residents. Grove Park is part of the Purpose Built Communities network.

Currently, the Grove Park neighborhood is 97 percent single-family homes, with limited offerings for affordable, multi-family housing.

Debra Edelson and Wendy Stewart in Grove Park (Photo by Maria Saporta)

The Grove Park Gardens development will offer 75 percent of its units to residents earning 50 percent of Atlanta’s area median income – ensuring options for housing affordability.

It will be the first multi-family rental development built in decades in the community, and it comes at a time when Grove Park residents face a complex set of market pressures, from the development of the future Westside Reservoir Park, to the Beltline trails, and other commercial and residential developments that will bring new residents seeking to live in-town.

“Increasing the quantity and quality of affordable and market rate housing in Grove Park is a critical step in creating more opportunity for the residents of the neighborhood,” said Debra Edelson, Executive director of the Grove Park Foundation. “This will help in our collective mission of working with local partners, leaders and residents to create a more healthy, equitable and vibrant community.”

Christopher Nunn, the state’s community affairs commissioner, endorsed the project.

“Grove Park Gardens epitomizes DCA’s commitment to housing as a platform for community and resident success,” Nunn said in a statement. “DCA is proud to continue this partnership with Purpose Built Communities as the Grove Park Foundation works to revitalize this historic Atlanta neighborhood.”

Grove Park Gardens development will encompass 110 apartments and will feature one, two- and three-bedroom units. It will feature modern units, a fitness center, computer center and a playground. The development will consist of primarily garden-style apartments, and it should be completed in 2020.

“As the city of Atlanta continues to grow and advance, so does the vital need for quality mixed-income housing, and we can’t leave our neighbors behind,“ said Noel Khalil, founding partner and CEO at Columbia Residential.

The Grove Park Gardens development will feature modern units, a fitness center, computer center, and a playground.

Gift in memory of Wilton D. Looney

Emory University has received $2 million to name the Carlyle Fraser Heart Center Medical Directorship after Wilton D. Looney. The gift was made by Rollins Inc., RPC Inc., Marine Products Corp. and Rollins family members. Looney, who passed away in May 2018, served as a director on all three of the Rollins’ company boards – beginning in 1975 and retiring in 2013.

The gift establishes a fund to name and support the directorship of the Carlyle Fraser Heart Center and its research efforts and to enhance the Looney director’s strategic vision for the center. Robert A. Guyton, MD, professor of surgery in Emory University School of Medicine, is currently director of the Carlyle Fraser Heart Center.

“Wilton Looney was deeply engaged in the Carlyle Fraser Heart Center from its inception, and his many friends and associates in the Rollins companies wanted to honor his legacy through a gift that would not only name the center’s directorship, but also contribute to strengthening and carrying out its future vision,” said Amy Rollins Kreisler. “Mr. Looney’s leadership and wise counsel were fundamental to the success of the Rollins companies, and his wife, Martha, and our families enjoyed a deep and abiding friendship.”

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Summit Contracting Group Building Luxury Apartments in Atlanta’s Upper Westside

Summit Contracting Group Building Luxury Apartments in Atlanta’s Upper Westside

Market Rate apartments with exceptional amenities are under construction in the up-and-coming Upper Westside neighborhood, with easy access to Buckhead and Midtown.

JACKSONVILLE, Fla., Nov. 27, 2018 /PRNewswire/ — Summit Contracting Group, a Multifamily General Contractor with offices in Jacksonville, FL and Atlanta, GA, has started construction on NOVEL Upper Westside luxury apartments in Atlanta, GA.

NOVEL Upper Westside will consist of 345 units in three buildings, with net square footage of 305,405. Exceptional community amenities include a fitness center, club rooms, pool courtyard, park/plaza, roof-top lounge, bark park, and convenient access to Buckhead and Midtown Atlanta.

Construction is planned to be complete by Fall 2020. The developer is Crescent Communities and the architect is Rule Joy Trammel + Rubio, LLC.

Contact Summit at 904-268-5515 for more information about the project; for information on the company visit our website www.Summit-Contracting.com.

About Summit Contracting Group, Inc.:
Summit has built more than 350 multifamily projects nationwide. Molded by industry experience, inspired by a competitive spirit, and focused on a team approach Summit’s projects represent over 100,000 completed multifamily units. With an experienced management team combined with strong subcontractor relationships, Summit has been able to provide their clients with successful projects throughout the nation. More information on the company’s notable achievements, services provided, key leadership, or history is available at www.Summit-Contracting.com or by following the company on LinkedIn, Facebook and Twitter.

View original content to download multimedia:http://www.prnewswire.com/news-releases/summit-contracting-group-building-luxury-apartments-in-atlantas-upper-westside-300755948.html

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Corporate Jobs Making a Comeback with Atlanta Leading the Way

Corporate Jobs Making a Comeback with Atlanta Leading the Way

Rajeev Dhawan

ATLANTA — Recent job growth in just one quarter equaled nearly the entire first half of the year. That growth rate will slow but Atlanta will account for nearly 70 percent of it.

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Publix, Kroger, Whole Foods: Thanksgiving 2018 GA Grocery Hours

Publix, Kroger, Whole Foods: Thanksgiving 2018 GA Grocery Hours

Putting Thanksgiving dinner on the table typically requires more than one shopping trip. Whether it’s brown sugar for the sweet potatoes, whipped cream for the pies, or rolls to sop up turkey gravy, something always gets overlooked on the first pass through the grocery store. Or, if you have guests who show up but didn’t RSVP, a quick dash to the store for more goodies might be needed at the last minute.

Don’t fret, you’re not alone. Few things seem to unify Americans these days, but one of them is that overwhelming feeling of dread when you realize a crucial ingredient — cranberry sauce or wine — for that perfect Thanksgiving feast never made it into the shopping cart.

Are any Atlanta metro grocery stores open on Thanksgiving, Thursday, Nov. 22? Some food stores in the region — Kroger, Whole Foods, and Walmart — are open on Thanksgiving, but with reduced hours, so check on individual stores for their hours. The day after, most return to normal operating hours. Other chains, including ALDI, Publix and Costco, are closed for the holiday. (See full list below.)

To help you know the status of your go-to stores over the upcoming holiday, we have open and closed hours for stores, plus links to their websites. Here is the status for Georgia grocery chains, taken from their websites and emails to Patch.

Grocery Store Hours

Publix: All stores and pharmacies will be closed on Thanksgiving Day; regular hours resume on Friday, Nov. 23.Kroger: Most will open around 6 a.m. and close around midnight.Albertson’s: Most will open 6 a.m. to 10 p.m.Save-A-Lot: Most will be open regular hours on Thanksgiving, call ahead to check.Winn Dixie: Many stores will open from 7 a.m. to 10 p.m.Whole Foods: Many will open at 7 a.m. Some will close as early as 2 p.m.Fresh Market: All stores open 8 a.m. to 3 p.m.Walmart: Stores will be open on Thanksgiving Day and will unveil Black Friday deals at 6 p.m. on Thursday.Target: All stores open 5 p.m. to 1 a.m.

Stores That Are Closed On Thanksgiving

(For more news like this, find your local Patch here. If you have an iPhone, click here to get the free Patch iPhone app; download the free Patch Android app here. And like Patch on Facebook!)

Photo by Carly Baldwin/Patch

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Emma Capital Buys Atlanta Property for $36M

Avenues 85

Emma Capital Investments Inc. has acquired Avenues 85 Apartments in Atlanta, Ga., for $35.7 million. The acquisition marks the 32nd U.S. purchase for Toronto-based Emma Capital, bringing its total acquisitions to approximately 8,500 apartment units.

Situated at 2515 Northeast Expressway, the 1967-built garden-style apartment community features 392 units. The property sprawls across 31 acres in Northlake, one of Atlanta’s most vibrant submarkets.

Avenues 85 features 20 two-story buildings encompassing 195 one-bedroom and 197 two-bedroom apartments in five different floor plans. The asset’s amenity package includes the largest fitness center in the submarket, as well as a business center, playground, and 750 parking spaces. Monthly rents range between $918 and 1,193, according to data provided by Yardi Matrix. The property is currently 92.3 percent occupied.

Access to Prominent Areas

Offering access to Buckhead’s trophy office and retail settings, the community is positioned along the I-85 corridor, with access to the Northeast Atlanta market and Buckhead’s trophy office and retail offerings. Because almost all Avenues 85 units have outdated interior finishes, the apartment community is an excellent candidate for unit finishes and appliance upgrades that will yield rent increases.

“The property’s strategic location provides incredible access to one of Atlanta’s most burgeoning growth areas and great access to prominent areas such as Buckhead”, said Haya Zilberboim, Emma Capital’s founding partner and co-owner, in prepared remarks. ”By improving the property’s amenities and upgrading its unit interiors, we will provide a great, cost-effective alternative for tenants wishing to be close to these economic drivers.”

This is Emma Capital’s 13th investment in the Atlanta market, which bolsters economic diversity, transportation access, low cost of business and strong population and job growth.

Earlier this year, the company entered the Indianapolis market by acquiring a multifamily portfolio for $63.9 million.

Image courtesy of Yardi Matrix

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Where Are The Best Apartments Near Camp Creek GA?

Where Are The Best Apartments Near Camp Creek GA?

How do you find the best apartments near Camp Creek GA? There are plenty to choose from so you’re going to want to research your options. That way, you come out of this with an apartment that you love living in.

A good apartment is one that is in nice shape. Before you rent one, you’re going to need to go check it out in person to see what it looks like. Make sure you look through every room and that you pay attention to things like the flooring. You don’t want to end up renting a place that has bad floors, holes in walls, or other damages that need to be taken care of before you move in. Ask the owner if there are problems about whether they will fix them for you or not before you move in.

An apartment needs to be priced fairly enough for it to be worth the money. What you want to do is try to find out what different people are charging for different places in the area. Once you have a good idea of what it’s going to cost you to live in the area, you’ll know when an apartment is a good deal and when one is not worth the money. It just takes a little bit of time to figure this out so don’t get stuck in a place that’s too expensive because you didn’t do your research first.

A good way to find out more about an apartment complex is to look up reviews on it. When you find reviews, you’re going to want to sort them by when they were last posted. You want to know what current or recent residents thought of living there. Things change with apartments over time because people move into and out of them all the time. You want to find the best one for you and that’s only possible if you know that other people liked the place. If you can’t find many reviews, try to look up reviews on the property management service that runs the place.

Another thing to look into when trying to find an apartment is a move in special. Some places give out special deals to people that move in so that their tenants can save some money. You may, for instance, be able to save a few hundred dollars with some specials if they let you avoid paying the first month in rent or something similar to that. You’re going to want to make sure, however, that they’re not just having specials because they are bad places to live that have trouble keeping residents happy.

When you need to find apartments near Camp Creek GA, you can use the tips you were just given. That way, you live in a place that you like living in. The key to finding what works best for you is to use the advice you were just given to help you do your research.