MIDTOWN | Alta Midtown | 21 stories - Page 2

Libertarian · #21 Posted **Jan 22, 2018, 9:39 PM**

Quote:

Originally Posted by MARTAisSmarta

It appears that Wood Partners sold it off to Lincoln Properties

Wow, why am I not surprised.

MARTAisSmarta · #22 Posted **Jan 22, 2018, 10:04 PM**

And they just announced that "Alta on the Park" will instead be "Piedmont House" and condos. I'm not overly familiar with management there, but they're either trying to take their money off the table. Whether its due to fear, or they have something else in store for us, I'm not sure.

smArTaLlone · #23 Posted **Jan 22, 2018, 10:08 PM**

Quote:

Originally Posted by MARTAisSmarta

It appears that Wood Partners sold it off to Lincoln Properties

That's what Wood Partners does for the most part. They are not in it to operate apartment communities long term but to lease them up and sell them.

MARTAisSmarta · #24 Posted **Jan 22, 2018, 10:22 PM**

Quote:

Originally Posted by smArTaLlone

That's what Wood Partners does for the most part. They are not in it to operate apartment communities long term but to lease them up and sell them.

Thanks for the confirmation. So now we wait to see what they come up with next. This doesn't have anything else that they've proposed.
https://www.midtownatl.com/_files/do...ivity-maps.pdf

I can't seem to find any articles publishing the sale of the building. So we might have BREAKING NEWS right here on SSP.