Aqua auction results

The Aqua Auction that took place on this past Saturday successfully sold 16 of the 20 homes that were auctioned. Two of the initial 20 that were scheduled to be auctioned were held back, probably due to the fact that the bids were getting so low the developer elected to remove them from the que.

Sold prices ranged from $182,000-$211,000 on the 1 bedrooms (one of the one bedroom homes didn't sell, even at an auction price of $179,000) and the 2 bedrooms sold between $251,000-337,000. The 2104 sf 2 bedroom with a starting bid of $349,000 received zero bids.

Overall, the actual sold prices ranged at between 1-34% of the starting bids, with the majority at the lower end. The good news is that there is now another new construction building sold out, and less inventory on the Atlanta market.

Aqua Condos go up for Auction

Atlanta-based Tivoli Properties will use Boston’s Accelerated Marketing Partners to auction the last 20 developer units at Aqua Midtown. One-bedroom (approx. 1,000 square-feet) homes will be the lowest priced available units, with bids starting at $179,000. 2 bedroom homes at approximately 1321 square feet will be auctioned, with bids starting at $229,000.

Boston-based Accelerated Marketing Partners, the company who held the auctions of Tribute Lofts, Element, Sterling of Dunwoody and Promenade at NorthPlace in Sandy Springs will be conducting this one, as well.

The Auction will take place on Saturday, May 16th at the W Midtown. Registration is required for each bidder to attend the auction and to become eligible to bid. Bidders should arrive for check-in at 12:00 pm. The Auction will begin promptly at 1:00pmand will last approximately 1 hours. On auction day, all approved registered bidders are required to bring a $2,500certified check as well as a blank personal check.

TERMS AND CONDITIONS
Minimum Selling Price

This sale includes 20 condominium residences with minimum selling prices as low as $179,000.
A published minimum selling price has been established for all the residences. This means that the Seller has agreed to accept from registered bidders all bids equal to or greater than the published minimum selling price for each of these residences. No bid below these minimums will be recognized.

Condominium AssociationBuyers become members of the Aqua Condominium Association and are assessed a monthly fee. This fee is used towards customary condominium operating expenses except for separately metered utilities for each residence. For details contact the Auction Information Center.

1. REGISTRATION
Registration is required to attend the auction and to become eligible to bid. Complete and return the Auction Registration Form prior to auction day.If you are planning to purchase more than one residence, your completed Auction Registration Form must be received no later than May, 12th, 2009. Registrants will be notified of the number of homes they have been approved to purchase.On auction day, all approved registered bidders must present a separate Cashier’s Check, Traveler’s Check, Certified Check or Money Order (“Cash Equivalent”) in the amount of $2,500 for each residence that they have been approved to purchase. Each bidder is also required to bring a blank personal check. The blank check will then be added to the $2,500 to equal 3% of the winning bid price. Cash Equivalent(s) should be made payable to yourself.
Those who register on auction day will be required to complete the Auction Registration Form and present a $2,500 Cash Equivalent as well as a blank personal check. Auction day registrants will be limited to the purchase of one residence only.

2. ON-SITE INSPECTION AND SALE DOCUMENTS
You should physically inspect all residences you are interested in purchasing.
The Condominium Documents will be available for viewing at the Auction Information Center onsite at Aqua and should be thoroughly reviewed for details of the offering. Electronic copies of these documents will be made available to Registrants upon request. Please familiarize yourself with the Condominium Purchase Agreement. Winning bidders will be expected to fully execute the Condominium Purchase Agreement immediately after becoming the winning bidder in the auction room. Please note that Buyers will not have time to review the Condominium Purchase Agreement at the closing table on auction day. Auction staff will fill in the blanks within the agreement and Buyers will simply review for accuracy and sign the document. If you have any questions, please contact the Auction Information Center or your attorney.

3. PROCEDURE
Once you become a successful bidder, you will be required to sign a Bid Confirmation Sheet immediately upon acceptance of your bid and an auction escort will then accompany you to the contract area where you will complete the Condominium Purchase Agreement. All parties intending to be listed as a Buyer under the Condominium Purchase Agreement must be present at the auction or represented via a “specific” power of attorney. Bidders approved to purchase multiple residences will be allowed to remain in the auction hall until the end of the auction and will complete the Condominium Purchase Agreement(s) immediately following the auction.

4. FINANCING
Financing is available for qualified Buyers. In the event a successful bidder wants a mortgage financing contingency in the Condominium Purchase Agreement, successful bidder must use financing arranged by the Seller’s preferred lender(s) and Title Company, and must be pre-qualified in writing for a specific dollar amount prior to auction day. Additionally, if the auction day bidder purchases a unit at Aqua, the buyer will receive UP TO $2,000 towards closing costs if such buyer received a financing contingency through Developer’s preferred lender(s) and uses the Developer’s preferred title company. If Seller’s preferred lender(s) should then fail to fund that amount, the Buyer may elect to terminate the Condominium Purchase Agreement and Seller, in such event, shall refund the deposit to Buyer in full. No other financing contingency will be accepted.
A mortgage representative from the Seller’s preferred lender(s) will be present on site during open house dates to meet with bidders by appointment to assist with financing.

5. CLOSING
All sales must close on or before Monday, June 15, 2009 (30 days after the auction).
A $1,500 incentive will be offered to any winning bidder who closes within the first 15 days. This incentive can only be applied towards closing costs.
If the winning bidder does not elect to use financing and instead pay cash, the “Cash Buyer” will receive UP TO $3,500 towards closing costs should the winning cash buyer close within the first 15 days following the auction. No other incentive mentioned prior in the terms and conditions will apply.

6. EXTENSIONS
In certain cases, the Seller may grant a fifteen-day extension of the closing date for a non-refundable extension fee of one percent of the purchase price. This fee will not be credited towards the purchase price. Requests for extensions must be made in writing and delivered to the Seller at least five days prior to the scheduled closing date.
All extension requests are evaluated by the Seller on a case-by-case basis and are solely at the Seller’s discretion.

7. ADDITIONAL CONDITIONS
(A) No claim will be considered for allowance, adjustment or rescission based upon failure of the condominium to correspond to any particular expectation or standard (except the specimen Title Insurance Policy).
(B) No bidder shall offer an advance upon the previous bid of less than such amount as the Auctioneer in his sole discretion directs. In the event of a dispute between bidders, the Auctioneer shall make the sole and final decision to either accept the final bid or rebid the property in dispute. The auction will be recorded and if any dispute arises following the auction, the Auctioneer’s record shall be conclusive in all respects.(C) On auction day, the residences will not necessarily be auctioned in the order in which they appear in the catalogue. The order of the bidding will be announced prior to the auction
(D) Sizes and square footage set forth for the units are approximate, and only based on the best information available, but actual sizes and square footage may vary.
(E) Seller reserves the right to refuse admittance to or expel anyone from the auction premises for any reason especially for interference with auction activities, nuisance, canvassing, unauthorized video recording or any other reasons.
(F) Seller has the right to postpone or cancel the auction in whole or in part, in its discretion, and to modify or add any terms and conditions of sale and to announce such modifications or additional terms and conditions either prior to or at the auction.
(G) No real estate broker or salesperson commission will be honored unless such real estate broker is present at the time of registration and executes a Broker Registration Form at the time of first visit to the Auction Information Center. If a broker has met the demands above, broker will receive a 3% commission.
(H) Bidders should examine the residences and all supporting documentation carefully as each bidder is responsible for evaluating the residences and shall not rely on the Seller or sales agents. All sales are “where is, as is” without warranties or guaranties of any kind, expressed or implied, except for those warranties stipulated in The Aqua Condominium and Sale Documents. All residences will be sold unfurnished.
(I) Offer void where prohibited. Brochures will not be mailed to residents of any state in which this offering is not in compliance with the real estate laws or other laws of that state.
(J) Accelerated Marketing Partners is the marketing consulting firm of choice for Aqua and Tivoli Properties, Inc. We make no direct representation about the real property with regard to condition or pricing nor will we be instrumental in the negotiation of your purchase at auction. All aspects of this real estate transaction are being directly managed by Tivoli Realty Services, Inc, the broker of record for Aqua and Tivoli Properties, Inc. All contracts will be written directly by the broker and all deposit funds will be escrowed by the broker of record

I have previewed these homes for auction, so please contact me for more details or to see additional photos of the available homes.

Cosmopolitan at Buckhead to auction 40 condos

Developer Morris J. Kaplan Companies announced the auction of 40 condos at their Cosmopolitan at Buckhead project.

Accelerated Marketing Partners will hold the auction on Sunday, May 17th at The Westin Buckhead.

Amenities galore, and a sought after location in the up and coming Lindbergh neighborhood, 1 bedrooms homes will have starting bids at $105,000, 2 bedrooms at $140,000 and 3 bedrooms at $250,000.

Registration is required for each bidder to attend the auctionand to become eligible to bid.

Bidders should arrive for check-in at 12:00 pm.
The Auction will begin promptly at 1:00pm and will last approximately 1 hour.

TERMS AND CONDITIONS
Minimum Selling Price
This sale includes 40 condominium residences with minimum selling prices as low as $105,000.
A published minimum selling price has been established for all the residences. This means that the Seller has agreed to accept from registered bidders all bids equal to or greater than the published minimum selling price for each of these residences. No bid below these minimums will be recognized.
Condominium Association
Buyers become members of the Cosmopolitan Condominium Association and are assessed a monthly fee. This fee is used towards customary condominium operating expenses except for separately metered utilities for each residence. For details contact the Auction Information Center.

1. Registration
Registration is required to attend the auction and to become eligible to bid. Complete and return the Auction Registration Form prior to auction day.If you are planning to purchase more than one residence, your completed Auction Registration Form must be received no later than May, 13th, 2009. Registrants will be notified of the number of homes they have been approved to purchase.On auction day, all approved registered bidders must present a separate Cashier’s Check, Traveler’s Check, Certified Check or Money Order (“Cash Equivalent”) in the amount of $2,500 for each residence that they have been approved to purchase. Each bidder is also required to bring a blank personal check. The blank check will then be added to the $2,500 to equal 3% of the winning bid price. Cash Equivalent(s) should be made payable to yourself.
Those who register on auction day will be required to complete the Auction Registration Form and present a $2,500 Cash Equivalent as well as a blank personal check. Auction day registrants will be limited to the purchase of one residence only.

2. On-site Inspection And Sale Documents
You should physically inspect all residences you are interested in purchasing.
The Condominium Documents will be available for viewing at the Auction Information Center onsite at the Cosmopolitan and should be thoroughly reviewed for details of the offering. Electronic copies of these documents will be made available to Registrants upon request. Please familiarize yourself with the Condominium Purchase Agreement. Winning bidders will be expected to fully execute the Condominium Purchase Agreement immediately after becoming the winning bidder in the auction room. Please note that Buyers will not have time to review the Condominium Purchase Agreement at the closing table on auction day. Auction staff will fill in the blanks within the agreement and Buyers will simply review for accuracy and sign the document. If you have any questions, please contact the Auction Information Center or your attorney.

3. Procedure
Once you become a successful bidder, you will be required to sign a Bid Confirmation Sheet immediately upon acceptance of your bid and an auction escort will then accompany you to the contract area where you will complete the Condominium Purchase Agreement. All parties intending to be listed as a Buyer under the Condominium Purchase Agreement must be present at the auction or represented via a “specific” power of attorney. Bidders approved to purchase multiple residences will be allowed to remain in the auction hall until the end of the auction and will complete the Condominium Purchase Agreement(s) immediately following the auction.

4. Financing
Financing is available for qualified Buyers. In the event a successful bidder wants a mortgage financing contingency in the Condominium Purchase Agreement, successful bidder must use financing arranged by the Seller’s preferred lender(s) and Title Company, and must be pre-qualified in writing for a specific dollar amount prior to auction day. Additionally, if the auction day bidder purchases a unit at Cosmopolitan, the buyer will receive $1,000 towards closing costs if such buyer received a financing contingency through Developer’s preferred lender(s) and uses the Developer’s preferred title company. If Seller’s preferred lender(s) should then fail to fund that amount, the Buyer may elect to terminate the Condominium Purchase Agreement and Seller, in such event, shall refund the deposit to Buyer in full. No other financing contingency will be accepted.
A mortgage representative from the Seller’s preferred lender(s) will be present on site during open house dates to meet with bidders by appointment to assist with financing.

5. Closing
All sales must close on or before Tuesday, June 16, 2009 (30 days after the auction).

6. Extensions
In certain cases, the Seller may grant a fifteen-day extension of the closing date for a non-refundable extension fee of one percent of the purchase price. This fee will not be credited towards the purchase price. Requests for extensions must be made in writing and delivered to the Seller at least five days prior to the scheduled closing date.
All extension requests are evaluated by the Seller on a case-by-case basis and are solely at the Seller’s discretion.

7. Additional Conditions
(A) No claim will be considered for allowance, adjustment or rescission based upon failure of the condominium to correspond to any particular expectation or standard (except the specimen Title Insurance Policy).
(B) No bidder shall offer an advance upon the previous bid of less than such amount as the Auctioneer in his sole discretion directs. In the event of a dispute between bidders, the Auctioneer shall make the sole and final decision to either accept the final bid or rebid the property in dispute. The auction will be recorded and if any dispute arises following the auction, the Auctioneer’s record shall be conclusive in all respects.(C) On auction day, the residences will not necessarily be auctioned in the order in which they appear in the catalogue. The order of the bidding will be announced prior to the auction
(D) Sizes and square footage set forth for the units are approximate, and only based on the best information available, but actual sizes and square footage may vary.
(E) Seller reserves the right to refuse admittance to or expel anyone from the auction premises for interference with auction activities, nuisance, canvassing, unauthorized video recording or other reasons.
(F) Seller has the right to postpone or cancel the auction in whole or in part, in its discretion, and to modify or add any terms and conditions of sale and to announce such modifications or additional terms and conditions either prior to or at the auction.
(G) No real estate broker or salesperson commission will be honored unless such real estate broker is present at the time of registration and executes a Broker Registration Form at the time of first visit to the Auction Information Center. If a broker has met the demands above, broker will receive a 2% commission. (H) Bidders should examine the residences and all supporting documentation carefully as each bidder is responsible for evaluating the residences and shall not rely on the Seller or sales agents. All sales are “where is, as is” without warranties or guaranties of any kind, expressed or implied, except for those warranties stipulated in The Cosmopolitan Condominium and Sale Documents. All residences will be sold unfurnished.
(I) Offer void where prohibited. Brochures will not be mailed to residents of any state in which this offering is not in compliance with the real estate laws or other laws of that state.
(J) Accelerated Marketing Partners is the marketing consulting firm of choice for Cosmopolitan and Morris J. Kaplan Communities. We make no direct representation about the real property with regard to condition or pricing nor will we be instrumental in the negotiation of your purchase at auction. All aspects of this real estate transaction are being directly managed by Morris and Raper Realtors, the broker of record for Cosmopolitan and Morris J. Kaplan Communities. All contracts will be written directly by the broker and all deposit funds will be escrowed by the broker of record.

If you are interested in getting additional information about the auction or would like to see photos of the available homes for auction please contact me.

Rediscovering Block Lofts

BLOCK LOFTS, located in the trendy Poncey Highland neighborhood, is about to see a new addition to the already up and coming area.

Plans for the slated Historic Fourth Ward Park are underway and groudbreaking took place last fall. This new 35 acre greenspace will be located across the street. Block Lofts is also across the street from Freedom Park
and the Carter Center. The Path, a network of off-road trails in and around Atlanta for walkers, runners, cyclists and skaters, also runs adjacent to Block Lofts through Freedom Park.

New neighborhood restaurants such as Two Urban Licks have made their home across the street, and Atlanta's proposed Beltline runs adjacent to the community.

Residents have the option of renting or purchasing at Block Lofts, however the condos are much more attractive because of their higher level of interior design and stunning skyline views.


The condo homes showcase stainless steel appliances, Granite countertops, Bamboo hardwood flooring, Stainless steel backsplashes, and large balconies.

The amenities are exceptional including a Junior Olympic Pool, Cyber Cafe, Fitness Club, Outdoor Fireplace, On-site Guest Suite, Pet Respite, and Controlled Access Gated Entry.

The prices are quite affordable, and with a supreme location, BLOCK LOFTS is a good buy in a cool area that's becoming even more sought after. You are also a quick drive or lengthier walk to the Virginia Highlands and Inman Park, not to mention dozens of restaurants, shopping, and grocery stores.

Get more info or take a tour! View Available Homes at Block Lofts here

14th Street Bridge improvement to be completed May 2010

The 14th Street Bridge improvement project which began in the summer of 2007 is well underway. Anyone who lives or works in Midtown Atlanta has felt the growing pains of the bridge construction, however, once completed, the improvements will enhance the functionality, safety, and aesthetics in that corridor.

The bridge will accomodate a new underpassing northbound exit ramp to the 17th Street Bridge. A slip ramp will also be created on the westside of the connector for southbound vehicles that are exiting 10th street. Vehicles will no longer have to stop at the 14th street intersection to go to 10th street because the new ramp will go under 14th Street. This will alleviate a ton of traffic formerly experienced!

The new 14th Street Bridge will also have new decorative lighting, seasonal flowers, shrubs, trees, new fencing, and street furniture, enhancing the look of the corridor.

The 3 year construction project is expected to be completed in May 2010.

Historic Fourth Ward Park

Old Fourth Ward is a historically diverse community located east of downtown Atlanta, west of Poncey-Highland and Inman Park neighborhoods, and south of the Midtown neighborhood. It is a smaller version of the historic Fourth Ward political area in place until the 1950s when the city changed to a district system.

The area has seen much growth over the last decade, but the most notable and upcoming enhancement to the area is the Historic Fourth Ward Park (pictured).

The park is the first to be created along the proposed Beltine, and is projected to be 35 acres of industrial land on North Avenue near City Hall East. A stormwater detention pond will be constructed as the centerpiece of the park (think beautiful flowing fountain), and will help reduce overflows and flooding in the surrounding areas.

The groundbreaking was on October 15, 2008. The park completion and functional solution to the flooding problems will facilitate the City Hall East sale to developer The Morsberger Group for a project known as Ponce Park. This project will be a sidewalk-oriented mixed-use facility, incorporating residential, retail, and a number of community facilities, including a theatre and art spaces.

There are many notable residential condo communities located on or adjacent to the Historic Fourth Ward Park such as the Block Lofts, NuGrape Lofts, Copenhill Lofts, Sager Lofts, Ponce Springs, Troy Peerless Lofts, and Freedom Lofts. The additional of the new parkspace will be a phenomenal addition to the neighborhood and a great neighborhood amenity for Atlanta homeowners living in these communities.

If you have more interest in living near the new Fourth Ward Park, check out some available homes in the area.

New Exhibits at the High Museum

The High Museum has showcased some pretty exceptional exhibits over the last few years including the 3 year running Louvre Atlanta, currently showcasing "Louvre Atlanta: The Louvre and the Masterpiece," the Impressionist exhibit featuring the works of Monet, Cezanne, Deg,"as and Cassatt, “Road to Freedom: Photographs of the Civil Rights Movement, 1956-1968," “After 1968: Contemporary Artists and the Civil Rights Legacy,” and most recently "The First Emperor: China's Terracotta Army."

A few new and significant shows are coming to the High Museum in the near future.

Beginning in October 2009, an Exhibition featuring the work of Leonardo da Vinci will open. It is the first Exhibition to explore Leonardo's significant role in Renaissance Sculpture and is traveling to U.S. for first time

Another Exhibit titled "The Allure of the Automobile" will be announced this month and will feature the design of the golden age of automobiles from the 1930'-1960's. It will run from March 2010-July 2010.

1010 Midtown Views are spectatcular!

1010 Midtown homes offer amazing views from all sides of the building and from all of the homes. The 10 decorated models in the building showcase a variety of scenes and skylines from Midtown Atlanta, Downtown Atlanta, to even Piedmont Park views.

It's hard to decide which view is better. Looking down the Peachtree corridor into the Downtown Vista is quite spectacular and since the Federal Reserve building sits adjacent to 1010, the views will never be blocked.


From the other side of the building, the views look at the opposite direction into a northern Midtown Atlanta scene with a gorgeous angle of the Four Season, the Atlantic Center Plaza, The Promenade and 1180 Peachtree. This looks even more brilliant at night when the buildings are all illuminated.

The model homes at 1010 Midtown are open for viewing, so you can go by and take a tour to see the views for yourself.

12th & Midtown wins ABC's Best in Atlanta Real Estate Award

The Atlanta Business Chronicle selected Selig Enterprises and Daniel Corporation's 12th & Midtown as their Best in Atlanta Real Estate Awards winner in the Best Overall Category.

The $2 billion mixed-use project comprises more than 1.2 million square feet of office space, more than 600 luxury hotel rooms, more than 1,000 residences and up to 500,000 square feet of retail.

Slated to be the cornerstone of Atlanta's "Midtown Mile," 12th & Midtown is re-defining the streetscape of Midtown Atlanta with it's sexy architectural design and well thought retail planning.

Phase One condos, 1010 Midtown, opened in November 2008, and the Phase Two 725,000 sf office tower (1075 Peachtree) and Loews Atlanta Hotel are expected to be completed early 2010.

The pedestrian-oriented retail experience will host an array of trendy boutiques, high end retailers, and flagship restaurants. Located on Atlanta's signature boulevard, Peachtree Street's "Midtown Mile" is being compared to Chicago's Magnificent Mile and New York's Madison Avenue.

This outdoor shopping district will merge new and existing retail into an authentic outdoor shopping district.

Viewpoint condos

Viewpoint, Novare Group's newest condo highrise in Midtown has seen notable success, despite a downturn in the housing market.
The building is estimated at about 50% sold and delivered mid 2008. One of the reasons for this was without a doubt the $75,000 discount Purchaser's were given.
The homes showcase 10’ ceilings, floor-to-ceiling windows, granite countertops in kitchen & bathrooms and hardwood floors, and Whirlpool appliances.
Located on Peachtree's "Midtown Mile," Viewpoint offers a premier location, walking distance to everything the neighborhood has to offer including Piedmont Park, Fox Theatre, Marta, 12th & Midtown, and a countless selection of the City's most diverse and sought after restaurants, bars, & lounges. Viewpoint will also showcase 30,000 square feet of ground floor retail space.

The views are spectacular (facing north) and the vista spans clear into downtown Atlanta.

Homes range in price from $200,000-500,000.

View available Viewpoint condo homes

Piedmont Park Family Aquatic Center opens Memorial Day

Initially slated to be renovated into a cultural center and amphitheatre (per the 1995 Master Park Renovation Plan), the original bathouse has been transformed over the last year into the new Family Aquatic Center. Closed since April 23, 2008, the area will re-open Memorial Day 2009.

The budget for the bathouse renovation was $7.8 Million and will have new amenities including:

• Accessibility throughout the site, building and pool

• Wifi

• Recreational Swimming Pool featuring beach entry, bubblers, current channel, vortex,
fountains, and separate splash pad
• Lap lanes

• Landscaped deck environment at pool including lawn, trees, and shrubs
• Concessions to serve the swimming facility and the park
• Natural and Structured shade

The 53 acres Piedmont Park expansion is currently in progress.

How about some positive figures about the Atlanta real estate market?

While the last few years have been primarily doom and gloom for the Atlanta real estate market, however, a guest column in the Atlanta Business Chronicle, by Steve King with the Greater Atlanta Homebuilder Association provides some refreshingly positive statistics about the state of the Atlanta real estate market

Unsold housing inventory has decreased 31% year-over-year, and fell 42% since December 2006, according to the article. King cites inventory levels have decreased to 2002 levels, largely due to increased incentives by builders, irresistible deals, and remarkably low interest rates.

He predicts that the Atlanta real estate market is on it's way to recovery in a short amount of time. So, if you've been looking for that condo in Midtown, a house in Buckhead, or any other type of home in Atlanta, now may be the perfect time to make that move.

Brookwood Condos to Open Soon

The Brookwood, the new condo development by Regent Partners and Urban Realty Partners is slated to open this month.


The Buckhead condo homes, located at the intersection of Peachtree and 28th Streets, are beautifully appointed and designed by Cecconi Simone & John Oetgen Design firms.


The slated Brookwood amenities include a Junior Olympic saline pool, fitness center with yoga room, Clubrooms, lounge areas, billiards room, outdoor kitchen, dining area, outdoor fireplace, the Great Lawn and Cloister Garden on the green deck, Two guest suites, boardroom, coffee lounge, Climate controlled wine storage, workshop and crafts area, indoor golf practice area, and Dog walk.





Homeownership at the Brookwood automatically enrolls you into the Brookwood Club, including you in homeowner activites and entitling you to premier concierge services.

Probably one of my favorite features of the project is the LEED construction standard(Leadership in Energy and Environmental Design). Leed construction is a green building design that implements sustainable resources and ecologically friendly construction practices.

LEED certified homes not only make a positive impact on public health and the environment, they also enhance marketability and maximize economic efficiency for the homeowner through decreased utility bills. Currently, very few condominium homes in Atlanta have accomplished this designation. The LEED certification is a performance rating implemented by the US Green Building Council.

Homes at the Brookwood range in price from $500,000 to $1,500,000.

Terminus Atlanta Condos

10 Terminus, the Buckhead condo built by Cousins Properties, offers more than just breathtaking finishes and upscale amenities. The location is one of the best the city of Atlanta has to offer.

Terminus is a 10 acre community located in the heart of Buckhead at the intersection of Peachtree and Piedmont. The $700 million project will showcase two office towers, three residential towers, 125,000 square feet of retail, and five acres of open green space. 10 Terminus is the first residential tower.

This location of these Atlanta condos in Buckhead is unparalleled, with a host of neighborhood amenities right at your fingertips. Its a short walk to Lenox Mall and Phipps Plaza, as well as the Buckhead Marta station.


The Terminus plaza showcases a selection of unique and exciting new restaurants including Lola Bellini Bar & Restaurant, Aquaknox, Bricktops, Canina Laredo, and III Fork Prime Steakhouse, not to mention the array of all the additional dining experiences Buckhead has to offer.

The 27-story, 650,000 square foot Terminus 100 Office tower was completed and leased in 2007, and Terminus 200, the 22-story, 520,000 square foot second tower is currently under construction. Cousins is actively working with several prospective tenants and plans to have 50% of the 2nd office tower leased by the end of 2009.

Piedmont Park Expansion/Dog Park Relocation

The Piedmont Park expansion efforts are fully underway. Over the last 15 years, the Park focused much of their efforts on revitalizing historic areas of the park, such as Lake Clara Meer, the 10th Street Meadow and Oak Hill. With that work successfully completed, the Piedmont Park Conservancy focused their efforts on a huge grassroots campaign to raise private funds for the expansion. After over 20 years of fundraising, the Conservancy began an expansion of 53 acres...increasing the park space by 40 percent!

The land area exists north of the Park Drive Bridge and extends all the way to Ansley Mall.

This map details the location of the the expansion areas.

This is such a phenomenal addition to the City of Atlanta, as well as to the homeowners of Atlanta. There are many condos, houses and townhomes located adjacent to the park, as well as many condos and homes for sale in Atlanta that are located a short distance away. With the addition of the Park amenties, these homeowners have full access to everything the neighborhood has to offer, all within walking distance!

This will prove to be extremely advantageous, especially to dog owners, who spend so much time walking and playing with their pets at Piedmont Park.


The plans also includes a complete overhaul of the dog park. The existing dog park will close March 16, 2008 and will re-open in a temporary location on March 20th. The dog park is such a beloved place for so many pet owners because while City of Atlanta ordinances require all dogs in public places to be leashed, Piedmont Dog Park is one of the few places dogs can run free!

The renovated Dog Park will re-open in 2010. There will be an enhanced Dog Park that will a part of the 53 acre expansion.

Element condos Auction February 28, 2009

Element, the condo community located in Atlantic Station will be auctioning 40 homes on Saturday, February 28th.

The developer, the Lane Co., still owns roughly 35% of the project and would like to unload many of them at a fraction of the list prices. The auction, held by Accelerated Marketing Partners, is expected to draw an enormous crowd of potential buyers looking for the silver lining of the of the dreary real estate cloud.

1010 Midtown Amenities Wow Visitors

1010 MIDTOWN, Phase One of Atlanta's 12th & MIDTOWN officially opened it's doors in November.


The building itself has acheived astonishing success, undoubtetly because of the extravagant upscale interior design.

The full service 24 hour concierge greets you at the main entrance located off of Peachtree Street. Showcasing soaring ceilings and a sleek, sexy design, the lobby (pictured) conveys a very trendy, yet elegant feel.



The building features resort style amenities, including a Club Suite, located on the fourth floor amenity level. It hosts 14' ceilings, a spacious, oversized patio, theatre area, caterer's kitchen, bar, and a plethera of seating that spills out into the receiving area.

The Fitness Club, also located on the fourth floor adjacent to the Club Suite, comes equipped with free weights, an array of Life Fitness machines, and elliptical, bicycles, and treadmills, all equiped with Cardio Theatres.


The "Park in the Sky," located on the eighth floor amenity level, boasts lush gardens, vibrant flowers, and a spectacular view of the Midtown skyline.

The pool is located adjacent to the gardens and from that area you capture breathtaking views. There are spacious seating areas perfect for lounging, socializing, or just watching the sun set.


It's no wonder 1010 Midtown everyone is talking about this place...

President Obama signs $780 Billion Stimulus Bill

Included in the bill are provisions to aid in the initial recovery of the housing market including Homebuyer Tax Credit, FHA, Fannie Mae, and Freddie Mac Loan Limits, Neighborhood Stabilization, and more. We should see additional measures taken to assist in the real estate recovery process, as Congress and the President have disclosed that a finance and housing package will be the next “big” initiative. Read More...

Midtown Mile Atlanta, Georgia

Atlanta's "Midtown Mile" is a retail vision similar to Chicago’s Magnificent Mile and New York’s Madison Avenue. It will merge new and existing retail into an authentic and cosmopolitan shopping district, featuring local boutiques, as well as national brands.

The retail will total 1 Million Square Feet, spanning 14 blocks along Atlanta's famed Peachtree Street. The Midtown Mile area already features hotels, office towers, and some of the city's premier residential condo towers including 1010 Midtown, Spire, Viewpoint, Metropolis, Peachtree Lofts, 805 Peachtree, Cornerstone Village Lofts, The Reynolds, Hanover House, and more.

Atlanta based Bleakly Advisory Group did a study for the Midtown Alliance, the group facilitating the revitaization, and concluded this development project could potentially generate approximately $477 million in additional annual retail sales for the city of Atlanta. Having a pedestrican friendly shopping district would be an enticing attraction for tourists to the city. The Midtown neighborhoods also offer amenities including Piedmont Park, The Woodruff Arts Center, High Museum, Atlanta Symphony, Fox Theatre, Botanical Gardens, and more.

Daniel Corporation and Selig Enterprise's 12th & Midtown sits positioned as the cornerstone of the Midtown Mile, contributing over 500,000 square feet of retail in its first 4 phases. The Phase One Condos, 1010 Midtown, were completed in November 2008.

Streets of Buckhead- Opening scheduled for Spring of 2010

The Streets of Buckhead is a $1.5 billion [mixed-use development located in the Buckhead neighborhood of Atlanta by Ben Carter Properties, LLC. Approximately 600,000 square feet of restaurant and retail space is slated to fill the development consisting of over 80 boutiques and 14 of the world's finest restaurants, including Japonais, La Goulue, Le Colonial, and The Capital Grille.

Class-A office towers, two 5-star, world class hotels, and several hundred high rise residential units are slated, as well as "Art on the Streets," a program which will display works of contemporary artwork throughout the community. It aims to be the most exclusive shopping mall in the Southern United States. Many of the tenants are new to the Atlanta market, as well as the state. These stores include Hermes, Equinox, Dolce & Gabbana, Brioni, and Bottega Veneta, among others.

The project also seeks LEED certification (Leadership in Energy and Environmental Design), an eco-focused green certification designated by the US Green Building Council.
Originally scheduled to open November 2009, the Streets of Buckhead is scheduled for an opening of March 2010.

Update on the stimulus package/tax credit

The amendment by Senator Johnny Isakson, R-Ga., giving a $15,000 tax credit to anyone who buys a home in the next year was originally passed unanimously by the US Senate. However, after negotiations between the House and Senate, each combined their own bills into one piece of legislation for President Obama to sign, and that tax credit has now been reduced to $8,000.

Some of the restrictions and guidelines of the previous $7,500 tax credit have been lifted. The repayment requirement of the previous tax credit has been lifted.

This information has the potential to change, as the bill is open to negotiation until President Obama signs it. Specific details of the $8,000 tax credit will be released soon.

$15,000 tax credit- US Senate unanimously approves stimulus bill

Great News from the US Senate! The amendment by Senator Johnny Isakson, R-Ga., gives a $15,000 tax credit to anyone who buys a home in the next year. The bill was passed unanimously.

The amount of the tax credit would be $15,000 or 10 percent of the purchase price, whichever is less, and the purchase must be made within one year of the legislation’s enactment. The tax credit would not have to be repaid. This tax credit would replace the previous $7,500 tax credit, and remove all of the stipulations that inhibited the benefits for those not qualifying, including salary income caps and first time home buyer status. Read more from the Atlanta Business Chronicle...

This bill is a huge incentive for anyone looking to purchase a new house, condo, loft or townhome in Atlanta, or any other city in the United States. If you were waiting for a reason to purchase, this may be it.

For more information, go directly to the website of Senator Isakson.

12th and Midtown developers announce Phase 2 office tenants

12th and Midtown developers Daniel Corporation and Selig Enterprises announce the first two tenants in their Phase Two office tower, 1075 Peachtree. Read the full article in the Atlanta Business Chronicle

Seyfarth Shaw, LLP will be moving its 77 attorneys from John Dewberry’s One Peachtree Pointe to 1075 Peachtree, where it will take 65,000 square feet. The Boston Consulting Group Inc., housed in Bank of America Plaza, will take 35,000 square feet. This brings the building to twenty percent leased, however, the development team anticipates reaching sixty percent by summer 2009.

Phase Two of 12th and Midtown also features the Loews Atlanta Hotel and a conference center, which connects the hotel with the office tower. The project's Phase One, 1010 Midtown condos, has seen considerable success, with over 33% sold. The building opened in November 2008.

Interest Rates at 30 year lows

Low rates mean that now is a great to to start thinking about buying real estate. We are seeing 30 year lows in the lending industry, and although financing guidelines have gotten more restrictive, those that are able to qualify for financing are seeing an opportune time to buy that condo, house or townhouse they have been thinking about.

While real estate and condo sales were sluggish in Atlanta in 2008, it is expected that with the decreases in interest rates, consumers will get off the proverbial fence and make the move to invest while the getting is good.

Allen Plaza- largest contiguous development in America today

Developed by Barry Real Estate Companies Allen Plaza is a $2 Billion dollar project, extending nine contiguous blocks. Barry is joined by two partners- Atlanta based Post Properties, Inc. and Starwood Hotels & Resorts Worldwide, Inc. Post and Barry will co-develop 450 units of condominiums and apartments in a brilliant residential high-rise, while Barry & Starwood will welcome W Atlanta Downtown Hotels & Residences as well as aloft - Starwood's ultra-modern new boutique hotel brand.

Allen Plaza's nine-block grid is the largest contiguous tract of land being developed in any downtown American city today, will also include the tallest tower to be built in downtown in more than 10 years. The project features flagship restaurants including French American Brasserie and BLT Steak.

Bordered by the 21-acre Centennial Olympic Park, Allen Plaza is walking distance to the new Georgia Aquarium, the World of Coke, and many other Atlanta cultural, entertainment, dining and shopping attractions.
Allen Plaza is named in honor of former Atlanta mayor - civil rights leader - the late Ivan Allen, Jr., the man credited with leading the city through an era of historic cultural and economic growth.