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Avalon in Alpharetta features high -end apartments above retail shops. JONATHAN PHILLIPS / SPECIAL The average rent in metro Atlanta is on the rise. The most expensive rentals are in neighborhoods like Buckhead, Lenox and Lullwater where average costs are between $1,612 and $1,712. Atlanta area residents seeking lower rents should head to neighborhoods like Chosewood Park, Peoplestown or Lakewood Heights where the average rent of $650 falls well below the Atlanta average of $1,203 per month, according to data from rentcafe.com . While rental costs have gone up, they haven’t gone up as much as housing prices and rent in Atlanta is still relatively affordable compared to other metro areas . But for many renters, cost is only part of the equation when seeking a place to live.  Rent (85%),  location (81%) and community environment (49%) are among the top factors that renters look for according to new data from Village Green’s National Renter Profile . In the Atlanta metro area , 68% of r...

PR Newswire NEW YORK, Aug. 15, 2017 /PRNewswire/ -- Bluerock Value Exchange ("BVEX") announced today the sellout of its latest 1031 exchange program , BR Big Creek, DST, a Class A, 372-unit, apartment community ("the property") located in Alpharetta, Georgia. The securities offering was fully subscribed for more than $35 million in capital. Completed in 2016, Big Creek is a class A apartment community in the affluent, high growth, mixed-use neighborhood of Alpharetta in Atlanta, GA. In keeping with the value creation strategy of BVEX, the property offers steady cash flow with upside potential in rents. "Bluerock Value Exchange concentrates solely on acquiring high-quality, Class A 1031 replacement properties with potential to deliver attractive current cash flow and grow investor capital . There's significant need, particularly among independent broker dealers , for high- caliber replacement properties from established sponsors with proven performance...