Buckhead condos go rental
Investors, Market, News | (0)
Mezzo, a 94-unit, 20-story luxury condominium development on Peachtree in Buckhead is being converted to a rental-only project, according to the Atlanta Business Chronicle.
It’s the latest casualty to a dreadful market in Atlanta for condos, which has seen a number of projects delayed or cancelled: John Weiland’s One Museum Place, a $350 million development across from the High Museum of Art is on hold until at least next year; Skyline, the planned 21-story project at Lindbergh stopped at the 4th floor with financing difficulties; and Trump towers in midtown has yet to break ground.
Still it illustrates the difficulties ...
