Tennant: Multifamily Sector to Post Continued Growth In 2014

March 27, 2015

With a new year comes new predictions regarding the future of the commercial real estate market, and Atlanta is no exception. Georgia created 13,200 construction jobs from November 2012 to November 2013, according to the Associated General Contractors of America and the U.S. Labor Department.

Homestead’s strong infrastructure offers area springboard to growth

Homestead’s real estate market is poised for growth due to existing infrastructure and a lack of land for single-family development in Miami-Dade County, industry experts report.

Rising Rental Rates Not Exactly Good News For Owners

South Florida apartment rental rates grew 10 percent to 15 percent in the last two years and are likely to keep trending upward in 2014. But industry watchers say that’s not necessarily good news for building owners.

Franklin Street Brokers Sale of 58-Room Ponce DeLeon Hotel in Atlanta

Franklin Street Real Estate Services has arranged the sale of the Ponce DeLeon Hotel, a 58-room, extended-stay hotel at 551 Ponce De Leon Ave.

Ponce Hotel sells for $1.6 million

An intown Atlanta hotel has a new owner. The Ponce DeLeon Hotel, located just blocks from the future Ponce City Market, has sold for $1.6 million, according to Fulton County court records.