The Wilbert Group’s clients have been making news, and we’ve been securing them headlines across the Southeast. Take a look:
1. Crescent Communities CEO Todd Mansfield offered his take on the recent uptick in U.S. housing starts to Bloomberg Business. “With the job situation improving slowly, unemployment going down, people seem to have more confidence in the economy,” Mansfield told Bloomberg. “That has gotten some people off the dime who want to upgrade their home or get out of the basement.”
2. The North Atlanta Business Post discusses Avalon’s ongoing popularity and the mixed-use community’s Phase II, which will add a 650-space parking deck, 256 residential units, an office tower, hotel, conference center and another 150,000 square feet of retail space.
3. The Atlanta Journal-Constitution’s popular “5 Questions for the Boss” feature recently profiled Aaron’s new CEO John Robinson.
4. Multi Housing Advisors spoke with Bisnow about how investors are still looking to buy multifamily housing despite a sluggish first-quarter economy. MHA’s Jordan McCarley told Bisnow that the high demand is resulting in more creative deal structures.
5. GlobeSt.com covered the industrial panel at the recent RealShare Atlanta conference. Panelist and attorney Summey Orr of Hartman Simons told the audience that the “handful” of developers who stayed in the Atlanta industrial market during the downturn now find themselves with “a lot of opportunities.”
6. Developer Ben Carter weighed in on Savannah’s economic recovery in this Atlanta Journal-Constitution article. Carter is planning a $100 million makeover of Savannah’s historic Broughton Street that will bring new retail, restaurants, apartments and office spaces. Earlier this spring, Carter also opened the first phase of a Tanger outlet mall near the city’s airport.