From the Atlanta Business Chronicle:
Republic Bank has foreclosed on a portion of the retail development of Hedgewood Commercial Properties’ Woodstock Downtown project.
The foreclosure on Building B of the project happened May 6. Hedgewood said the bank asked the existing development, leasing and management team to stay aboard to keep the mixed-use project moving forward.
More signs of trouble the metro-Atlanta real estate market.
Add your comment below, or trackback from your own site.
Subscribe to these comments.
Be nice. Keep it clean. Stay on topic. No spam.
You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>
You must be logged in to post a comment.