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Posts tagged Residences at Mandarin Oriental

Making News: Our Clients in the Headlines

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SkyHouse Buckhead advertises its units for lease to motorists in Buckhead. Average rents are climbing as apartment vacancy remains tight amid a development boom

SkyHouse Buckhead advertises its units for lease to motorists in Buckhead. Average rents are climbing as apartment vacancy remains tight amid a development boom

  1. The Atlanta Journal Constitution reports that the city’s steadily increasing apartment developments will continue to grow for the foreseeable future. Ryan Davis of Witten and Associates, speaking at the Atlanta Apartment Association’s bi-annual Market Outlook breakfast, attributed the increase to Milliennials’ inclination towards renting rather than purchasing a home, as well as a steady increase in jobs (77,000 in the past year in metro Atlanta). According to data firm Axiometrics, rents in metro Atlanta grew at an annual rate of 7.3 percent and the average two-bedroom unit rented for $1,020 in June, while occupancy stood at 94.7 percent.

 

  1. Fisher & Phillips, a law firm specializing in labor and employment law, has released a new report on the early impact of the National Labor Relations Board’s so-called “quickie election” rule that went into effect this April. The Atlanta Business Chronicle reports that little change has occurred in the outcomes of union elections conducted under the shortened timetable, with only a slight increase in elections compared to the same time last year. Bert Brannen, managing partner of the Atlanta office of Fisher & Phillips, says the data “indicates unions are attempting to take advantage of the new process and creating issues for employers who may oppose the unions’ efforts. [But] the number of elections to go to a vote have decreased. … Some employers may see that as a positive sign.”
The kids clearly enjoyed the festivities!

The kids clearly enjoyed the festivities!

  1. This past weekend, Atlantic Station had a TON going on. Examiner reports that last Saturday, Central Park featured a college game tailgate, plus the King of Pops were set up from noon-7:00 p.m. (we hear the Salted Caramel flavor was unforgettable). The college game day tailgate featured The Big Green Egg, Chevy trucks, Johnsonville brats, and more – families were very welcome! If bone licking BBQ was more of visitors’ speed, they were able to attend the Atlanta BBQ Festival with 50 professional and amateur BBQ teams competing for the title of Best BBQ in Atlanta.
  1. Two-dozen Boys & Girls Clubs of America facilities across the country are about to get a makeover. Atlanta-based Aaron’s Inc. is set to announce a $5 million, three-year national partnership with the organization to help empower at-risk teenagers, reports the Atlanta Business Chronicle. The donation will support the nonprofit’s Keystone Club, its premier national teen leadership and character program. The announcement will take place August 24 at the Warren Boys & Girls Club in Grant Park, where Aaron’s will unveil a $25,000 makeover — including donations of furniture, electronics and appliances as well as paint.
  1. iStar has already surpassed last year’s total sales, selling 10 units for a total of $22 million at The Residences at Mandarin Oriental. The team, led by exclusive listing broker Karen Rodriguez, has completed $38.2 million in sales at the property since taking over the project in January 2014, according to Unique Homes. The next build-out phase is underway for the second full-floor condo, Residence 52, a stunning penthouse-style home priced at $4.2 million that includes four bedrooms, 4 ½ baths, a Carrera marble entry, Waterworks fixtures, and nearly 800 square feet of outdoor terrace space. The first full-floor unit, Residence 51, is under contract for nearly $4 million. For homeowners who desire a fully customizable residence, The Residences are offering two full floors as unfinished homes. Currently, there are four finished units available, with an additional six units under construction.
The Residences at Mandarin Oriental

The Residences at Mandarin Oriental