Downtown

Introducing ATL Condo Deals’ newest agent…Jennet Lemma!

Jennet Lemma, CPA is the newest member of ATL Condo Deals team. She has a background in corporate accounting and finance. She has been a resident of Atlanta for the past 8 years and has a passion for the city and what it has to offer. She focuses on the sales and rentals of condos, townhomes, and houses in Downtown, Midtown and Buckhead areas. Jennet believes her role as an agent is first and foremost to understand her client needs. She strives to make the house buying process as informative and smooth as possible. ATL Condo Deals strives to nurture its team members with a constant supply of high...

State of the Union November 2013

It is November 2013 and it is COLD.  It was a low of 25 this morning.       The Condominium and Single Family Home market has finally cooled off a bit as well.    Both listings and contracts for sale are slowing down across Atlanta with the seasonality taking its toll.   Nevertheless my clients are still obtaining some of the best values out there at some of the best buildings.  between October and November my clients are purchasing over 1 million dollars worth in 1010 Midtown, Buying and Selling nearly 1 million dollars worth in The Viewpoint, and are also buying homes in the East...

MUSEUM TOWER

This is one of the nicest buildings in Downtown Atlanta.       It came to market right before the peak of the housing/condo boom in Atlanta.     Due to the timing of coming to market prices for both 1 and 2 bedrooms are often 40-50% less than their initial sales price.   This is one of the largest discounts to original sales price that you will find in Atlanta. Museum Tower Condominiums offer the supreme location and a facility that provides Residents and Guests with a living experience combining luxury, quality, location and convenience. The amenities at Museum Tower include a 24/7...

THE W HOTEL RESIDENCES DOWNTOWN

OK, so The W Hotel Residences were shelved for a long time.   The good news is that they have been on sale now since around the start of 2012.    An Investment firm purchased both the Hotel (237 keys) and the 74 luxury condos out of foreclosure.       The good news is that this firm paid cash, and now has no debt.   Often times when I look at condo deals getting off the ground and going to market I am weary of developers with a lot of debt.       Buildings like The Element, Aqua, and others have had issues selling out when the Developer carries a lot of debt.     With this...