Power Breakfast: Foreclosure for luxury condo, Toyota, home builders, Fed, health reform
Another big condo tower, the new 20-story Mezzo Atlanta between Midtown and Buckhead, is being advertised for foreclosure, AJC reporter Gertha Coffee writes.
The luxury highrise, scheduled for auction April 6, was developed by Atlanta-based Tivoli Properties. Tivoli, which develops high-rise condominiums, apartments and hotels, was involved in Aqua Midtown in Atlanta and the Mandarin Oriental.
Mezzo, built in 2008 as a condo at 2171 Peachtree St. between Midtown and Buckhead, has been converted to rental apartments. Units range from $2,295 a month for a two-bedroom to $5,495 a month for a penthouse.
Mezzo is scheduled to be sold at auction on the steps of the Fulton County Courthouse. The amount of the loan is $36 million, according to Databank Atlanta.
Also in the AJC:
- Toyota dismisses runaway Prius report
- Risky lending spelled doom for First Coweta Bank
- Builders adapt to smaller market
- Flavor of Georgia finalists hope for business success
- Swoozie’s to auction its assets
In other media:
- Justice Stevens considers retiring from Supreme Court
- Fed weighs how and when to signal higher rates
- Junk bond avalanche looms for credit markets
- Financial reform efforts pit US against Europe
- Bank chief accused of TARP fraud
- Pelosi may try unusual move in health reform vote
For instant updates, follow me on Twitter.
Tell us what you think about the site
Customer Care »
Vacation stops, manage subscriptions and more
AJC Services
Sections
Other Editions
Visitor Agreement | Privacy Statement
© 2013 The Atlanta Journal-Constitution
One comment Add your comment
Tony
March 16th, 2010
3:38 pm
Visit sites like zerohedge.com and financialcombat.com for financial news you can use it todays crazy economic times.