Hal Freeman, David Jones, Alison Sternfels and Andre de Winter, top producers affiliated with Compass, have joined forces to establish Team 360° ATL. The team’s clients can continue to expect the same exceptional service, now backed by the team’s combined 70-plus years of experience serving the Atlanta market. Team 360° ATL has also added operations manager Nicolle Noble.
Brightstar at Compass announced the launch of sales at Vernon, 20 new homes in the heart of Ormewood Park. TerraCraft Homes is building this collection of single-family detached and attached homes to complement the architectural feel of Ormewood Park. These traditionally modern three- and four-bedroom homes are located just steps from the Atlanta Beltline and the shops and restaurants of Glenwood Park. Priced from the $500s to the $700s, the 1,500- to 2,500-square-foot homes that comprise this pocket neighborhood are located at 972 Berne Street NE at the intersection of Vernon Avenue and Berne Street. For more information, visit terracrafthomes.com.
Dorsey Alston, Realtors was the No. 1 office for Buckhead home sales for the 10th year. In 2018, the firm led all other real estate offices in total volume sold and number of sales of single family homes in Area 21 –Buckhead – according to FMLS.
Engel & Völkers Atlanta has appointed Christian Ross as managing broker. Ross will oversee and lead a team of 45-plus real estate advisors. Currently, she serves on the board of directors for the 9,000 member Atlanta Realtors Association.
Colliers International Management Atlanta has been selected by Selig Enterprises to manage The Works, an 80-acre adaptive reuse project that will transform land and 40 warehouses and industrial buildings into a community of office, retail, restaurants, entertainment, residences, hospitality and gathering areas. Located on the Upper Westside, phase one of the project is 27 acres and consists of 200,000 square feet of retail/entertainment, 200,000 square feet of office, two parking decks (totaling 1,100 spaces) and 3.5 acres of park/green space.
SunTrust Banks has provided $5.46 million in New Market Tax Credits (NMTC) and other financing to Quest Communities to build the Nonprofit Center for Change, a mixed-use facility in the Atlanta neighborhood of Vine City. The new mixed-use building will allow Quest Communities to partner with other nonprofits to increase access to healthy foods and critical complementary services to local residents. Building tenants will include a newly constructed Family Dollar, co-working space, fresh fruit and vegetable market, a financial resources center and the new administrative offices of Quest Communities, among others.
Multifamily real estate investment firm Cortland has purchased Domain at Phipps, a 319-unit, Class-A property adjacent to Cortland’s Atlanta headquarters. The community will be rebranded to Cortland at Phipps Plaza.