Luxury Rental

Condos to outpace Single Family homes for the 2nd year in a row. Atlanta, one of the strongest condo markets.

I was going through some zillow.com news and blogs last week and noted this article, tonight another more abridged one.   I have added the links below.   I also noted the Regional Business Chronicle Papers tended to pick it up with their own local spin.   So I was thumbing through Dallas, Charlotte, Seattle (yes I own SEACondoDeals.com among others).   It basically states that in most urban markets in the US condominiums outpaced Single Family homes in terms of appreciation.  It lists the Atlanta market with condo appreciation near double the rate of single family homes.   Truthfully, given...

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...

The W South Beach Residences Miami Beach

So we got away from Atlanta a few weeks back.    A few of my New York friends prompted a trip to South Beach.    Naturally, out of an interest for my business (and an interest to expense the trip) I suggested we stay at the W South Beach Residences.        For this long weekend I was able to stay in a nice  suite with a nearly 200 sq ft ocean view terrace.     The picture below shows the lap pool which was really quite nice. The Condo/Hotel has a very nice pool, prime dining at Mr Chow and The Dutch (both originally from New York) in the building.  It also has The Wall nightclub.  ...

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...

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...