COULD ATL BEAT DC?

At today's panel, where  more than 350  joined us for our multifamily event, JLB Partners' Hudson Hooks  says Atlanta is finally  finding favor with capital sources for mulitfamily projects. Hudson says many lenders are ?taking a wait-and-see attitude? in such markets as DC and Texas because of fear that the industry may be outstripping demand. ?For now, I think Atlanta's a place where things are going to get done because we were  a little bit behind,? he says. (See, there is a silver lining to the lack of Atlanta job growth.)

 
AMLI Residential?s  Fred Schreiber  tells us he's working on a couple of deals. While those are inside the city limits—where a huge portion of the new pool of apartment units are focused—Fred says AMLI would like to build a suburban project, but zoning restrictions make it difficult to accomplish.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Atlanta Newsletters
Related Stories

3 Suburban Philly Office Buildings With Strong Occupancy Hit The Market

Lightstone Group Acquires Amazon Robotics Building For $43M

100% Of European Asset Managers Hold Stranded Assets. So Why Aren't We Fixing Them?

2 Steakhouses Land New Leases: The Atlanta Deal Sheet

'Not In The Business Of Losing Our Customers': Renewals Dominate Boston Office Market

Houston CRE Firms Turn To Contractors As They Look To Scale

The Revitalization Of Sugar Creek On The Lake, A Premier Waterfront Property In Greater Houston

Vornado, Related's Google-Anchored Office Building Faces 'Imminent Default'

City Block Sold For New Houston Center Parking Garage

Illinois' Record Storm Season May Be Changing The Risk Equation For CRE

Whoop Looks To Double Boston Footprint With 107K SF Lease

10 States Alone Carry $1.4T In Wildfire Property Risk, Cotality Finds