Capital Trends in the Atlanta Real Estate Market
Aug 23,2017
Smith & Howard’s 2017 survey of Georgia’s real estate and construction industries revealed strong optimism for continued growth among all real estate market sectors. At our recent event, Georgia’s industry experts discussed the market and the survey results, including the financing environment for real estate development in the region. To gain additional perspective about the real estate capital market in Metro Atlanta, we spoke with event panelist Lance Patterson, the CEO of Patterson Real Estate Advisory Group. Lofty Expectations To understand Atlanta’s real estate lending climate today, it’s useful to take a look back at where it was before the market crash. Prior to 2008, Atlanta was experiencing a robust market that, in Patterson’s words, simply became “way too frothy.”  “The vast majority of developers and the capital community didn’t recognize that we were doing far more deals than needed to be done,” said Patterson. “There was a sense that...

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