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German Firm’s Stalled Atlanta Redevelopment Project Hit With Planned Foreclosure Sale

Foreclosure Plan Jeopardizes Newport’s Sale Agreement With Braden Fellman
The stalled South Downtown development project in Atlanta is located near Mercedes-Benz Stadium, the home field of the NFL's Atlanta Falcons. (CoStar)
The stalled South Downtown development project in Atlanta is located near Mercedes-Benz Stadium, the home field of the NFL's Atlanta Falcons. (CoStar)
CoStar News
October 19, 2023 | 9:30 P.M.

BridgeInvest plans to foreclose on more than a dozen properties in Atlanta that had been slated for Newport RE’s abandoned South Downtown mixed-use redevelopment project.

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News | German Firm’s Stalled Atlanta Redevelopment Project Hit With Planned Foreclosure Sale