The Atlanta Business Chronicle is reporting the W Downtown Atlanta Hotel & Residences has been officially foreclosed. The project has had it’s share of troubles since opening, selling a single condominium upon opening.

Now the question is what will happen to the condos and to Allen Plaza in the future.

With condo prices already low in many new Atlanta buildings, I hope we’ll see the W follow suit and resurrect itself to bring some much needed life into the building. Maybe we’ll see another auction take place. What ever the case may be, I’ll be here to let you know the story.

Link to Article

The wait is finally over! Now that the pricing has been approved and the residential loan has been paid off, everything is full speed ahead. Closings can happen as early as November 1st, just in time for the holiday season to arrive. The Ritz-Carlton Residences Buckhead offers luxury living in one, two and three bedroom residences, each with floor-to-ceiling windows and premium finishes. All units, with the exception of the penthouse units, are completed and ready for you to decorate. Call me today to set up an appointment to view these beautiful condos.

Many of you have been waiting to find out what is going on with the Ritz-Carlton Residences Buckhead for quite some time. There has been a lot going on behind the scenes to make this project a success and we are finally seeing some activity and life. It’s been slow going, but sometimes it’s not so important how fast you get to the finish line.

The good news is Post paid off the residential portion of the 3630 Peachtree tower and now own that portion outright. There are only a handful of condo buildings in town that are able to say that, including 10 Terminus Place, Sovereign and now the Ritz-Carlton Residences Buckhead. Many buyers are hesitant to be one of the first to purchase in a new building, but really there are a lot of opportunities in doing so. We can get into that another time. Keep reading to see how Post paid off the condo portion of the tower. Click Here for More Photos & the Rest of the Feature

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The Brookwood finally opened this past weekend, but only time will tell if the attractive pricing will be enough to entice buyers enough to make the plunge. I think it will! The prices are even lower now than when they closed their doors before the foreclosure. The lowest priced two-bedroom, 2.5 bath condo was $240,000 (approximately 1189 square feet) and the lowest priced three-bedroom condo was $348,900 (approximately 1708 square feet). Both of these were on the lower floors, but even at those prices the condos are aggressively priced. Judging by my ability to get client appointments, the sales office is slammed. Please call me to set up your appointment, otherwise you will be waiting in the lobby. In the meantime, click the links below to get a ton of information on The Brookwood.

Model Home Tours - The Brookwood Keeps Green In Your Pocket

Exterior Building & Lobby Photos – It’s Easy Being Green At The Brookwood

Grand Lawn, Pool, Clubroom Photos -  It’s Easy Being Green At The Brookwood 2

View Available Properties Listed in the MLS Below

If you were considering purchasing a condo at 10 Terminus Place in Buckhead, you better hurry up. I was there this past week and put one of the last remaining one-bedroom condos under contract. I originally wrote about the limited inventory back in June. In just a few short months, Cousins has managed to sell almost all of their condos. They have a total of about 10 condos left in the building, including two spectacular penthouse’s, two 3-bedroom corner units and a handful of two bedrooms. What great news for the Atlanta condo market! So sellers take note – buyers respond to price in this market!

If you are looking to purchase a beautiful condo at Terminus in Buckhead, please contact me immediately! With so few condos available in the building, appointments are a must.