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Tow Atlanta Proudly Announces the Arrival of ‘Tarva’ the Autobot

ATLANTA, Ga., March 1, 2019 (SEND2PRESS NEWSWIRE) — Tow Atlanta is proud to announce the arrival of TARVA, Tow Atlanta’s Recovery Vehicle Autobot-Robot that goes into low clearance parking decks/garages and other tight areas where vehicles may become disabled and physically carries them out. TARVA is only the second robot from EasTract (a French Company) to be operational in the United States.

Tow Atlanta – TARVA Robot with BMW i8

This equipment makes getting vehicles out of tight areas and low clearance parking decks/garages with cramped space easier and will cut the time and physical effort required to get vehicles out of these areas. Prior to TARVA people had to endure the physical task of pushing the Vehicles out, risking physical injury & property damage.

TARVA specializes in Parking ...

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Suburban Atlanta Community Commands $35M

Princeton Heights Apartments

Emma Capital has sold Princeton Heights Apartments, a 300-unit Class B community northeast of Atlanta, for $34.9 million, according to Yardi Matrix. The property is One Real Estate Investment’s first acquisition in the Atlanta area.

The buyer expanded its national multifamily portfolio by more than 800 units in the past year. In August, the firm paid $25.6 million for a 160-unit Florida townhome community.

Located at 4250 Jimmy Carter Blvd. in Norcross, Ga., Princeton Heights Apartments is just north of Lawrenceville Highway and roughly 20 miles northeast of downtown Atlanta. Several shopping and dining options, including The Home Depot and Walmart Supercenter, are within a mile and a half of the property.

The asset’ 16 two- and three-story buildings, built in ...

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SC Earns Point From OT Loss In Atlanta

The Stingrays fall in overtime in Atlanta on Friday night.

DULUTH, Ga. – The South Carolina Stingrays (25-18-4-0) were defeated by the Atlanta Gladiators (18-19-7-1) in overtime for the second consecutive day Friday, falling by a score of 2-1 when Justin MacDonald netted the winner 31 seconds into the extra session at the Infinite Energy Center.

Goaltender Parker Milner made 33 saves for the Rays in a losing effort, while forward Grant Besse scored the lone goal for South Carolina, potting his 20th tally of the season in the second period.

Atlanta broke the ice and took the initial lead at 14:23 of the opening period with a tally from Joseph Widmar that made it 1-0 in favor of the Gladiators.

Besse evened the score at 1-1 in the middle frame when he beat Gladiators’ goaltender Michael Bitz...

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Is the $2.4 billion Atlanta paid for new sports stadiums the last two years worth it?

SportsPulse: From Atlanta, Trysta Krick tells you everything you need to know as Super Bowl week begins. USA TODAY

ATLANTA — More than any other singular reason, the world’s biggest annual sporting event is here this week because of a sparkling new stadium and a city that was willing to generate hundreds of millions of tax dollars to help pay for it.

And Mercedes-Benz Stadium is indeed an architectural marvel with its distinct angular panels on the outside, a roof that opens and closes like an oculus and a one-of-a-kind, 360-degree wraparound scoreboard. Visually striking and functional, it will eventually host every major national event from the Final Four next year to likely the World Cup in 2026.

“It’s the finest sports and entertainment facility in the world,” said Dan Corso, president...

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Metro Atlanta students donate to NFL’s super kids super sharing project

DULUTH, Ga. (FOX 5 Atlanta) – Hundreds of metro Atlanta students donate boxes full of sports equipment, books, and school supplies as part of the NFL’s Super-Kids-Super-Sharing project.

Organizers collected the donations throughout the day at the Infinite Energy Center’s Forum in Duluth.

The items will go to students in need.

As part of the event, Verizon made an $18,000 donation to the Ron Clark Academy, a non-profit middle school in southeast Atlanta.

The Super-Kids-Super-Sharing program has given back to students in need for nearly 20 years.

Source Article

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Olson Capital Investments to Prepare New $50 Million Real Estate Fund

Olson Capital Investments to Prepare New $50 Million Real Estate Fund Atlanta, GA, December 24, 2018 –(PR.com)– Olson Capital Investments has started talking to investors about a plan to raise up to 50 million for a fund to invest in American Hotel properties and opportunistic acquisitions on assets such as multifamily or office buildings.The real estate private equity firm that’s principally based in Atlanta will formally start raising money for its Equity Fund IV in the first quarter of 2019, less than a year after wrapping up the acquisition and renovation of 125 unit “The Block” apartments which has made nearly a 300% return on equity in year one...

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Wind advisory in effect as strong storms make their way back to metro Atlanta

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Atlanta, GA (CBS46) After a dry Christmas, precipitation will move back into metro Atlanta to end the work week and advisories are posted as a result.

Strong storms are expected to return Thursday night where chances of rainfall are about 40 percent. There’s a 100 percent chance of showers on Friday.

As the week comes to an end temperatures will reach into the 60’s.

A wind advisory is in effect until 7 a.m. Friday morning for several metro Atlanta counties, including: Bartow, Carroll, Cherokee, Cobb, Douglas, Floyd, Haralson, Paulding and Polk.

Wind speeds could reach up to 20 miles per hour with gusts of up to 35 miles per hour.

There’s also a Flash Flood WATCH ...

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Grand New View At Zoo Atlanta On Track For 2019 Opening

ATLANTA, GA – Zoo Atlanta’s $42.5 million Grand New View project is on tack for a 2019 completion. The project includes construction of the Zoo’s new African Savanna; revitalization of the former Cyclorama building, now named Savanna Hall; and construction of a new grand entry plaza.

Anticipated to open in summer 2019, the African Savanna will feature expanded habitats for African elephants and new habitats for giraffes, zebras, ostriches, warthogs and more. The elephant habitat, which will have the capacity to house up to seven individuals, will include among its features a large pool, two waterfalls and an indoor elephant care center.

The new giraffe habitat will provide the Zoo’s herd with an increase in usable space, and as the visitor walkway will not be raised, guests will have an op...

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Ga. Ballot Measure Would Help Housing For People With Mental Illness

The nonprofit 3Keys has to pay $30,000 in property taxes annually on a renovated property, Phoenix House in West Atlanta, which houses 69 people. A measure, if approved, on the Georgia ballot would help nonprofits provide permanent housing to homeless people with mental illness.

At the end of the Georgia ballot this year is a referendum that, if approved, would help nonprofits provide permanent housing to homeless people with mental illness.

Referendum B would allow a property tax exemption for nonprofit housing of these individuals in residences that get tax credit financing from for-profit business entities.

3Keys is one such organization that would benefit from the proposal...

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Greystone Brown Real Estate Advisors Closes $35 Million Sale of Multifamily Property in Marietta, Georgia

NEW YORK, May 29, 2018 (GLOBE NEWSWIRE) — Greystone Brown Real Estate Advisors announced it has closed on the $35,065,000 sale of Pennington Pointe, a 268-unit multifamily property in Marietta, Georgia. Barden Brown and Chandler Brown advised the seller, Hallmark Pennington Pointe, LLC, a subsidiary of Atlanta-based real estate services firm, The Hallmark Companies, Inc. The property was purchased by DE Pennington Pointe Apartments, LLC for $123,694 per unit.

Located at 1716 Terrell Mill Road, Pennington Pointe’s 268 units feature spacious floorplans averaging 1,327 square-feet, the largest in its submarket. Additionally, the residential community includes a playground, picnic area with BBQ grills, clubhouse, fitness center, dog park, tennis courts and swimming pool...

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