The Real Deal New York

US roundup: Resi projects boom in Atlanta, Virginia creates first-home savings plans, Chicago hotels rise … and more

Snapshots of real estate news from around the nation
By Sasha von Oldershausen | August 11, 2014 04:30PM

From the August issue: In this month’s roundup of national real estate news, TRD zooms out west to Los Angeles, where strong signs of economic recovery show after the city’s median home price surpassed $500,000 for the first time in seven years. Down south, Atlanta’s Midtown neighborhood has a high number of residential projects in the pipeline, with 5,700 proposed units and 800 under construction. Lastly, an iconic Chicago office tower will give way to a boutique hotel property. Click here to see these items and more.