The Real Deal Miami

Miami firm takes Atlanta condo units in bulk buy

January 20, 2012 10:30AM

The Atlantic in Atlanta

The unsold condominium units at the Atlantic tower in downtown Atlanta have been purchased by an affiliate of Miami’s Crescent Heights, the South Florida Business Journal reported. According to owner ST Residential, which is a Starwood affiliate, it has sold 73 units since taking over the property in 2010. ST “has received and accepted an unsolicited bulk sales offer to sell the remaining inventory at the Atlantic,” it said in a statement. [SFBJ]