Centennial Yards moves forward on new Live Nation concert venue
Centennial Yards moves forward on new Live Nation concert venue
At 5,300 seats, the concert venue will fill a gap in Atlanta, the developer says.
At 5,300 seats, the concert venue will fill a gap in Atlanta, the developer says. Read MoreBizjournals.com Feed (2022-04-02 21:43:57)
At 5,300 seats, the concert venue will fill a gap in Atlanta, the developer says.
Centennial Yards moves forward on new Live Nation concert venue
Centennial Yards moves forward on new Live Nation concert venue
At 5,300 seats, the concert venue will fill a gap in Atlanta, the developer says.
At 5,300 seats, the concert venue will fill a gap in Atlanta, the developer says. Read MoreBizjournals.com Feed (2019-09-06 17:16:48)
At 5,300 seats, the concert venue will fill a gap in Atlanta, the developer says.
This Week’s Atlanta Deal Sheet: High Street Lands 2025’s Biggest Lease So Far
This Week’s Atlanta Deal Sheet: High Street Lands 2025’s Biggest Lease So Far
A West Coast human resources provider is leasing 150K SF at GID’s High Street project in Dunwoody.
A West Coast human resources provider is leasing 150K SF at GID’s High Street project in Dunwoody. Read MoreBisnow News Feed
A West Coast human resources provider is leasing 150K SF at GID’s High Street project in Dunwoody.
‘It’s Flat-Out Fraud’: Victims Slam Elie Schwartz’s Probation Bid After $63M CrowdStreet Scam
‘It’s Flat-Out Fraud’: Victims Slam Elie Schwartz’s Probation Bid After $63M CrowdStreet Scam
Dr. Padma Sripada doesn’t buy the story that the person who took $75K from her is a changed man.
The 56-year-old primary care physician from Albany, New York, is one of more than 800 victims defrauded by Nightingale Properties CEO Elchonon “Elie” Schwartz, who is set to be sentenced for his crime Monday afternoon in an Atlanta courthouse.
Prosecutors recommended that a judge sentence him to roughly seven years in prison, saying he has been cooperative after admitting to embezzling $63M raised from crowdfunding investors and meant for two commercial real estate deals, instead spending most of it on watches, art and…
Dr. Padma Sripada doesn’t buy the story that the person who took $75K from her is a changed man.
The 56-year-old primary care physician from Albany, New York, is one of more than 800 victims defrauded by Nightingale Properties CEO Elchonon “Elie”… Read MoreBisnow News Feed
Dr. Padma Sripada doesn’t buy the story that the person who took $75K from her is a changed man.
The 56-year-old primary care physician from Albany, New York, is one of more than 800 victims defrauded by Nightingale Properties CEO Elchonon “Elie”…
Photos: How Avondale Estates’ new downtown section is turning out
Photos: How Avondale Estates’ new downtown section is turning out
Photos: How Avondale Estates’ new downtown section is turning out
Josh Green
Wed, 06/18/2025 – 11:37
A year and ½ after it broke ground, a project that adds density and new retail dimensions to Avondale Estates’ distinctive downtown area has rounded into shape.
But exactly what will operate there remains a question mark—at least publicly.
The Dale, a 24,000-square-foot commercial development that’s almost entirely brick-built, has completed exterior construction at the corner of North Avondale Road and Lake Street.
The two-story, two-building complex sits between Avondale Estates’ under-construction Complete Street overhaul of the city’s main traffic corridor and the Town Green, which won the 2023 Urban Land Institute of Atlanta Award of Excellence in the Public Realm category. The city’s open-air Market Pavilion space is also situated immediately to the west.
The development team, Healey Weatherholtz Properties and Fabric Developers, designed The Dale to be a vibrant retail and restaurant row that complements the 2-acre greenspace.
Asked for a project update earlier this month, Healey Weatherholtz creative director Carrie Brown said the company is looking forward to announcing tenants soon but doesn’t currently have updates to share on that front.
Looking west across new retail facades. Josh Green/Urbanize Atlanta
The bulk of The Dale’s retail spaces will front North Avondale Road. Plans also call for at least two restaurants—one with a rooftop bar and event space overlooking the park from the second story. Other second-floor spaces will be reserved for tenants such as coworking or office spaces, project leaders have said.
Another component of The Dale will be public restroom facilities that will be open whenever the Town Green is.
How The Dale links up with the award-wining Town Green, which opened in summer 2022. Josh Green/Urbanize Atlanta
The project replaces a funky art-filled corner space and a low-rise building about a block west of Avondale’s well-known, Tudor-style commercial village. Future sections of downtown growth adjacent to The Dale call for hotel and residential offerings (as detailed in the gallery here).
See how The Dale came together—front to back—in the gallery above.
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• Avondale Estates news, discussion (Urbanize Atlanta)
Approaching The Dale from the west, where the Complete Street overhaul of North Avondale Road/East College Avenue is underway. The Town Green’s open-air pavilion is at left. Josh Green/Urbanize Atlanta
Arched windows and brickwork at The Dale’s westernmost two-story component, as seen earlier this month. Josh Green/Urbanize Atlanta
Passageway with a catwalk and seating between the main street and Town Green. Josh Green/Urbanize Atlanta
How The Dale will meet the Complete Street bike and pedestrian lanes. Josh Green/Urbanize Atlanta
Looking west across new retail facades. Josh Green/Urbanize Atlanta
Josh Green/Urbanize Atlanta
Josh Green/Urbanize Atlanta
The easternmost corner of The Dale today, nearest the city’s Tudor-style village. Josh Green/Urbanize Atlanta
How The Dale links up with the award-wining Town Green, which opened in summer 2022. Josh Green/Urbanize Atlanta
Park-facing facades of The Dale. Josh Green/Urbanize Atlanta
Stairs leading from The Dale to Town Green playscapes. Josh Green/Urbanize Atlanta
Parkside retail facades and seating. Josh Green/Urbanize Atlanta
An outdoor fire pit, patios, and an elevated open-air space overlooking the park. Josh Green/Urbanize Atlanta
Josh Green/Urbanize Atlanta
The Dale’s connection with the Town Green near the outdoor performance area. Josh Green/Urbanize Atlanta
Circling back to where the tour began, with The Dale at center and open-air Marketplace Pavilion at right. Josh Green/Urbanize Atlanta
The Dale’s planned vintage-style facade along North Avondale Road. Fabric Developers/Healey Weatherholtz Properties
How the North Avondale Road project is expected to face and interact with Avondale’s Town Green. Fabric Developers/Healey Weatherholtz Properties
Photos: How Avondale Estates’ new downtown section is turning out
Josh Green
Wed, 06/18/2025 – 11:37
A year and ½ after it broke ground, a project that adds density and new retail dimensions to Avondale Estates’ distinctive downtown area has rounded into shape. But exactly what will operate there remains a question mark—at least publicly. The Dale, a 24,000-square-foot commercial development that’s almost entirely brick-built, has completed exterior construction at the corner of North Avondale Road and Lake Street. The two-story, two-building complex sits between Avondale Estates’ under-construction Complete Street overhaul of the city’s main traffic corridor and the Town Green, which won the 2023 Urban Land Institute of Atlanta Award of Excellence in the Public Realm category. The city’s open-air Market Pavilion space is also situated immediately to the west. The development team, Healey Weatherholtz Properties and Fabric Developers, designed The Dale to be a vibrant retail and restaurant row that complements the 2-acre greenspace.Asked for a project update earlier this month, Healey Weatherholtz creative director Carrie Brown said the company is looking forward to announcing tenants soon but doesn’t currently have updates to share on that front.
Looking west across new retail facades. Josh Green/Urbanize Atlanta
The bulk of The Dale’s retail spaces will front North Avondale Road. Plans also call for at least two restaurants—one with a rooftop bar and event space overlooking the park from the second story. Other second-floor spaces will be reserved for tenants such as coworking or office spaces, project leaders have said. Another component of The Dale will be public restroom facilities that will be open whenever the Town Green is.
How The Dale links up with the award-wining Town Green, which opened in summer 2022. Josh Green/Urbanize Atlanta
The project replaces a funky art-filled corner space and a low-rise building about a block west of Avondale’s well-known, Tudor-style commercial village. Future sections of downtown growth adjacent to The Dale call for hotel and residential offerings (as detailed in the gallery here).See how The Dale came together—front to back—in the gallery above. …Follow us on social media: Twitter / Facebook/and now: Instagram • Avondale Estates news, discussion (Urbanize Atlanta)
Tags
North Avondale Road at Lake Street
The Dale
Mixed-Use Development
Town Green
City of Avondale Estates
Fabric Developers
Healey Weatherholtz Properties
Atlanta Parks
DeKalb County
Atlanta Retail
Retail
Urban Land Institute
Avondale Estates Construction
Avondale Estates Development
Images
Approaching The Dale from the west, where the Complete Street overhaul of North Avondale Road/East College Avenue is underway. The Town Green’s open-air pavilion is at left. Josh Green/Urbanize Atlanta
Arched windows and brickwork at The Dale’s westernmost two-story component, as seen earlier this month. Josh Green/Urbanize Atlanta
Passageway with a catwalk and seating between the main street and Town Green. Josh Green/Urbanize Atlanta
How The Dale will meet the Complete Street bike and pedestrian lanes. Josh Green/Urbanize Atlanta
Looking west across new retail facades. Josh Green/Urbanize Atlanta
Josh Green/Urbanize Atlanta
Josh Green/Urbanize Atlanta
The easternmost corner of The Dale today, nearest the city’s Tudor-style village. Josh Green/Urbanize Atlanta
How The Dale links up with the award-wining Town Green, which opened in summer 2022. Josh Green/Urbanize Atlanta
Park-facing facades of The Dale. Josh Green/Urbanize Atlanta
Stairs leading from The Dale to Town Green playscapes. Josh Green/Urbanize Atlanta
Parkside retail facades and seating. Josh Green/Urbanize Atlanta
An outdoor fire pit, patios, and an elevated open-air space overlooking the park. Josh Green/Urbanize Atlanta
Josh Green/Urbanize Atlanta
The Dale’s connection with the Town Green near the outdoor performance area. Josh Green/Urbanize Atlanta
Circling back to where the tour began, with The Dale at center and open-air Marketplace Pavilion at right. Josh Green/Urbanize Atlanta
The Dale’s planned vintage-style facade along North Avondale Road. Fabric Developers/Healey Weatherholtz Properties
How the North Avondale Road project is expected to face and interact with Avondale’s Town Green. Fabric Developers/Healey Weatherholtz Properties
Subtitle
The Dale aims to be vibrant retail, restaurant row neighboring Town Green
Neighborhood
Avondale Estates
Background Image
Image
Associated Project
Avondale Estates Town Green
Before/After Images
Sponsored Post
Off Read More
Photos: How Avondale Estates’ new downtown section is turning out
Josh Green
Wed, 06/18/2025 – 11:37
A year and ½ after it broke ground, a project that adds density and new retail dimensions to Avondale Estates’ distinctive downtown area has rounded into shape. But exactly what will operate there remains a question mark—at least publicly. The Dale, a 24,000-square-foot commercial development that’s almost entirely brick-built, has completed exterior construction at the corner of North Avondale Road and Lake Street. The two-story, two-building complex sits between Avondale Estates’ under-construction Complete Street overhaul of the city’s main traffic corridor and the Town Green, which won the 2023 Urban Land Institute of Atlanta Award of Excellence in the Public Realm category. The city’s open-air Market Pavilion space is also situated immediately to the west. The development team, Healey Weatherholtz Properties and Fabric Developers, designed The Dale to be a vibrant retail and restaurant row that complements the 2-acre greenspace.Asked for a project update earlier this month, Healey Weatherholtz creative director Carrie Brown said the company is looking forward to announcing tenants soon but doesn’t currently have updates to share on that front.
Looking west across new retail facades. Josh Green/Urbanize Atlanta
The bulk of The Dale’s retail spaces will front North Avondale Road. Plans also call for at least two restaurants—one with a rooftop bar and event space overlooking the park from the second story. Other second-floor spaces will be reserved for tenants such as coworking or office spaces, project leaders have said. Another component of The Dale will be public restroom facilities that will be open whenever the Town Green is.
How The Dale links up with the award-wining Town Green, which opened in summer 2022. Josh Green/Urbanize Atlanta
The project replaces a funky art-filled corner space and a low-rise building about a block west of Avondale’s well-known, Tudor-style commercial village. Future sections of downtown growth adjacent to The Dale call for hotel and residential offerings (as detailed in the gallery here).See how The Dale came together—front to back—in the gallery above. …Follow us on social media: Twitter / Facebook/and now: Instagram • Avondale Estates news, discussion (Urbanize Atlanta)
Tags
North Avondale Road at Lake Street
The Dale
Mixed-Use Development
Town Green
City of Avondale Estates
Fabric Developers
Healey Weatherholtz Properties
Atlanta Parks
DeKalb County
Atlanta Retail
Retail
Urban Land Institute
Avondale Estates Construction
Avondale Estates Development
Images
Approaching The Dale from the west, where the Complete Street overhaul of North Avondale Road/East College Avenue is underway. The Town Green’s open-air pavilion is at left. Josh Green/Urbanize Atlanta
Arched windows and brickwork at The Dale’s westernmost two-story component, as seen earlier this month. Josh Green/Urbanize Atlanta
Passageway with a catwalk and seating between the main street and Town Green. Josh Green/Urbanize Atlanta
How The Dale will meet the Complete Street bike and pedestrian lanes. Josh Green/Urbanize Atlanta
Looking west across new retail facades. Josh Green/Urbanize Atlanta
Josh Green/Urbanize Atlanta
Josh Green/Urbanize Atlanta
The easternmost corner of The Dale today, nearest the city’s Tudor-style village. Josh Green/Urbanize Atlanta
How The Dale links up with the award-wining Town Green, which opened in summer 2022. Josh Green/Urbanize Atlanta
Park-facing facades of The Dale. Josh Green/Urbanize Atlanta
Stairs leading from The Dale to Town Green playscapes. Josh Green/Urbanize Atlanta
Parkside retail facades and seating. Josh Green/Urbanize Atlanta
An outdoor fire pit, patios, and an elevated open-air space overlooking the park. Josh Green/Urbanize Atlanta
Josh Green/Urbanize Atlanta
The Dale’s connection with the Town Green near the outdoor performance area. Josh Green/Urbanize Atlanta
Circling back to where the tour began, with The Dale at center and open-air Marketplace Pavilion at right. Josh Green/Urbanize Atlanta
The Dale’s planned vintage-style facade along North Avondale Road. Fabric Developers/Healey Weatherholtz Properties
How the North Avondale Road project is expected to face and interact with Avondale’s Town Green. Fabric Developers/Healey Weatherholtz Properties
Subtitle
The Dale aims to be vibrant retail, restaurant row neighboring Town Green
Neighborhood
Avondale Estates
Background Image
Image
Associated Project
Avondale Estates Town Green
Before/After Images
Sponsored Post
Off
Commercial real estate optimism grows for second half of 2025 despite rockiness
Commercial real estate optimism grows for second half of 2025 despite rockiness
Some investors are turning to alternative asset classes.
Some investors are turning to alternative asset classes. Read MoreBizjournals.com Feed (2022-04-02 21:43:57)
Some investors are turning to alternative asset classes.
Commercial real estate optimism grows for second half of 2025 despite rockiness
Commercial real estate optimism grows for second half of 2025 despite rockiness
Some investors are turning to alternative asset classes.
Some investors are turning to alternative asset classes. Read MoreBizjournals.com Feed (2019-09-06 17:16:48)
Some investors are turning to alternative asset classes.
Longest Beltline section to date (nearly 7 miles) has officially arrived!
Longest Beltline section to date (nearly 7 miles) has officially arrived!
Longest Beltline section to date (nearly 7 miles) has officially arrived!
Josh Green
Wed, 06/18/2025 – 10:34
Nearly the entire left side of the Atlanta Beltline’s fabled 22-mile oval is now poured, paved, and ready to roll.
In news that could make longtime Beltline proponents well up with happy tears, project officials on Tuesday announced the 1.3-mile missing piece—Westside Trail Segment 4—is officially open for runners, cyclists, walkers, and anyone else not traveling by motorized vehicle.
That means 6.8 miles of contiguous, uninterrupted, mainline Beltline pathway has now been pieced together—the longest stretch to date—connecting neighborhoods around the loop from Huff Road in Blandtown down to Pittsburgh Yards, directly south of downtown.
The Westside Trail’s newest section is also now linked with the 1.7-mile connector trail that shoots out of downtown, providing a route to the city’s commercial core.
Latest construction progress map for the Beltline’s 22-mile loop, with the 1.3-mile Westside Trail’s Segment 4 (now complete) at left.Atlanta Beltline Inc.
For months, Beltline heads have been predicting Segment 4 would debut sometime in the second quarter of this year. An official ribbon-cutting ceremony led by Andre Dickens, Beltline president and CEO Clyde Higgs, and other community and elected local leaders is scheduled for Monday afternoon.
Beltline leadership is calling the Segment 4 opening “a major milestone” for the overall project.
The 1.3-mile connecting piece “transforms a fragmented pathway into a seamless corridor that runs along Washington Park,” notes the announcement, “weaving through neighborhoods where streets honor civil rights leaders Dr. Martin Luther King, Jr., Joseph E. Boone, and Joseph Lowery.”
Looking south at a Westside Trail Segment 4 access ramp and mainline section of the Beltline, where it now intersects with Donald Lee Hollowell Parkway. Photo by ABI staff
Part of Segment 4 was opened last fall, but a gap of nearly a mile remained, restricting off-street travel across a multitude of Westside and Southwest Atlanta neighborhoods.
Beltline officials have called the section in question complex, with its new bridges and other elevated structures. It includes a fiber duct bank, vertical connections to neighborhood streets, security cameras, and lighting, alongside storm drainage and management systems with green infrastructure.
Segment 4 broke ground in March 2023. At that time, project leaders predicted it would open this summer.
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• Beltline news, discussion (Urbanize Atlanta)
Latest construction progress map for the Beltline’s 22-mile loop, with the 1.3-mile Westside Trail’s Segment 4 (now complete) at left.Atlanta Beltline Inc.
Looking south at a Westside Trail Segment 4 access ramp and mainline section of the Beltline, where it now intersects with Donald Lee Hollowell Parkway. Photo by ABI staff
Longest Beltline section to date (nearly 7 miles) has officially arrived!
Josh Green
Wed, 06/18/2025 – 10:34
Nearly the entire left side of the Atlanta Beltline’s fabled 22-mile oval is now poured, paved, and ready to roll. In news that could make longtime Beltline proponents well up with happy tears, project officials on Tuesday announced the 1.3-mile missing piece—Westside Trail Segment 4—is officially open for runners, cyclists, walkers, and anyone else not traveling by motorized vehicle. That means 6.8 miles of contiguous, uninterrupted, mainline Beltline pathway has now been pieced together—the longest stretch to date—connecting neighborhoods around the loop from Huff Road in Blandtown down to Pittsburgh Yards, directly south of downtown. The Westside Trail’s newest section is also now linked with the 1.7-mile connector trail that shoots out of downtown, providing a route to the city’s commercial core.
Latest construction progress map for the Beltline’s 22-mile loop, with the 1.3-mile Westside Trail’s Segment 4 (now complete) at left.Atlanta Beltline Inc.
For months, Beltline heads have been predicting Segment 4 would debut sometime in the second quarter of this year. An official ribbon-cutting ceremony led by Andre Dickens, Beltline president and CEO Clyde Higgs, and other community and elected local leaders is scheduled for Monday afternoon.Beltline leadership is calling the Segment 4 opening “a major milestone” for the overall project. The 1.3-mile connecting piece “transforms a fragmented pathway into a seamless corridor that runs along Washington Park,” notes the announcement, “weaving through neighborhoods where streets honor civil rights leaders Dr. Martin Luther King, Jr., Joseph E. Boone, and Joseph Lowery.”
Looking south at a Westside Trail Segment 4 access ramp and mainline section of the Beltline, where it now intersects with Donald Lee Hollowell Parkway. Photo by ABI staff
Part of Segment 4 was opened last fall, but a gap of nearly a mile remained, restricting off-street travel across a multitude of Westside and Southwest Atlanta neighborhoods. Beltline officials have called the section in question complex, with its new bridges and other elevated structures. It includes a fiber duct bank, vertical connections to neighborhood streets, security cameras, and lighting, alongside storm drainage and management systems with green infrastructure.Segment 4 broke ground in March 2023. At that time, project leaders predicted it would open this summer. …Follow us on social media: Twitter / Facebook/and now: Instagram • Beltline news, discussion (Urbanize Atlanta)
Tags
Beltline
Atlanta BeltLine
Bankhead
English Avenue
Washington Park
Grove Park
Westside Trail
Westside Trail Segment 4
Alternate Transportation
Alternative Transportation
Astra Group
BeltLine Construction
Atlanta Beltline News
BeltLine News
Images
Latest construction progress map for the Beltline’s 22-mile loop, with the 1.3-mile Westside Trail’s Segment 4 (now complete) at left.Atlanta Beltline Inc.
Looking south at a Westside Trail Segment 4 access ramp and mainline section of the Beltline, where it now intersects with Donald Lee Hollowell Parkway. Photo by ABI staff
Subtitle
Final missing link for Westside Trail now open to public, connecting downtown with southside
Neighborhood
Bankhead
Background Image
Image
Before/After Images
Sponsored Post
Off Read More
Longest Beltline section to date (nearly 7 miles) has officially arrived!
Josh Green
Wed, 06/18/2025 – 10:34
Nearly the entire left side of the Atlanta Beltline’s fabled 22-mile oval is now poured, paved, and ready to roll. In news that could make longtime Beltline proponents well up with happy tears, project officials on Tuesday announced the 1.3-mile missing piece—Westside Trail Segment 4—is officially open for runners, cyclists, walkers, and anyone else not traveling by motorized vehicle. That means 6.8 miles of contiguous, uninterrupted, mainline Beltline pathway has now been pieced together—the longest stretch to date—connecting neighborhoods around the loop from Huff Road in Blandtown down to Pittsburgh Yards, directly south of downtown. The Westside Trail’s newest section is also now linked with the 1.7-mile connector trail that shoots out of downtown, providing a route to the city’s commercial core.
Latest construction progress map for the Beltline’s 22-mile loop, with the 1.3-mile Westside Trail’s Segment 4 (now complete) at left.Atlanta Beltline Inc.
For months, Beltline heads have been predicting Segment 4 would debut sometime in the second quarter of this year. An official ribbon-cutting ceremony led by Andre Dickens, Beltline president and CEO Clyde Higgs, and other community and elected local leaders is scheduled for Monday afternoon.Beltline leadership is calling the Segment 4 opening “a major milestone” for the overall project. The 1.3-mile connecting piece “transforms a fragmented pathway into a seamless corridor that runs along Washington Park,” notes the announcement, “weaving through neighborhoods where streets honor civil rights leaders Dr. Martin Luther King, Jr., Joseph E. Boone, and Joseph Lowery.”
Looking south at a Westside Trail Segment 4 access ramp and mainline section of the Beltline, where it now intersects with Donald Lee Hollowell Parkway. Photo by ABI staff
Part of Segment 4 was opened last fall, but a gap of nearly a mile remained, restricting off-street travel across a multitude of Westside and Southwest Atlanta neighborhoods. Beltline officials have called the section in question complex, with its new bridges and other elevated structures. It includes a fiber duct bank, vertical connections to neighborhood streets, security cameras, and lighting, alongside storm drainage and management systems with green infrastructure.Segment 4 broke ground in March 2023. At that time, project leaders predicted it would open this summer. …Follow us on social media: Twitter / Facebook/and now: Instagram • Beltline news, discussion (Urbanize Atlanta)
Tags
Beltline
Atlanta BeltLine
Bankhead
English Avenue
Washington Park
Grove Park
Westside Trail
Westside Trail Segment 4
Alternate Transportation
Alternative Transportation
Astra Group
BeltLine Construction
Atlanta Beltline News
BeltLine News
Images
Latest construction progress map for the Beltline’s 22-mile loop, with the 1.3-mile Westside Trail’s Segment 4 (now complete) at left.Atlanta Beltline Inc.
Looking south at a Westside Trail Segment 4 access ramp and mainline section of the Beltline, where it now intersects with Donald Lee Hollowell Parkway. Photo by ABI staff
Subtitle
Final missing link for Westside Trail now open to public, connecting downtown with southside
Neighborhood
Bankhead
Background Image
Image
Before/After Images
Sponsored Post
Off
Developers Surrender CrowdStreet-Funded Buckhead Hotel To Lender
Developers Surrender CrowdStreet-Funded Buckhead Hotel To Lender
Atlanta developers Loudermilk Cos. and Regent Partners broke ground on the 201-room Thompson Buckhead hotel in March 2020, raising millions from internet investors through crowdfunding platform CrowdStreet.
Despite somehow opening on schedule and under budget in December 2021, and after capital calls to investors and a cash infusion from Hyatt Hotels Corp., the project never turned a profit. Now it is in the hands of its lender, leaving its investors high and dry.
Atlanta developers Loudermilk Cos. and Regent Partners broke ground on the 201-room Thompson Buckhead hotel in March 2020, raising millions from internet investors through crowdfunding platform CrowdStreet.
Despite somehow opening on schedule and under… Read MoreBisnow News Feed
Atlanta developers Loudermilk Cos. and Regent Partners broke ground on the 201-room Thompson Buckhead hotel in March 2020, raising millions from internet investors through crowdfunding platform CrowdStreet.
Despite somehow opening on schedule and under…
Disgraced Nightingale CEO Elie Schwartz Begs For Leniency After $63M CrowdStreet Fraud
Disgraced Nightingale CEO Elie Schwartz Begs For Leniency After $63M CrowdStreet Fraud
The disgraced CEO of Nightingale Properties says he “learned a valuable lesson” about how he shouldn’t be trusted with other people’s money after admitting to a $63M fraud scheme.
Elchonon “Elie” Schwartz is hoping to avoid jail time after pleading guilty to one count of wire fraud in February, which carries a maximum 20-year sentence. Federal prosecutors are seeking a prison term less than half that length.
Schwartz raised $63M via CrowdStreet in 2022 to fund the planned acquisition of the Atlanta Financial Center office complex and a recapitalization of a Miami Beach office building he already owned. He never closed on…
The disgraced CEO of Nightingale Properties says he “learned a valuable lesson” about how he shouldn’t be trusted with other people’s money after admitting to a $63M fraud scheme.
Elchonon “Elie” Schwartz is hoping to avoid jail time after pleading… Read MoreBisnow News Feed
The disgraced CEO of Nightingale Properties says he “learned a valuable lesson” about how he shouldn’t be trusted with other people’s money after admitting to a $63M fraud scheme.
Elchonon “Elie” Schwartz is hoping to avoid jail time after pleading…