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April 29, 2024

Jim Irwin: BeltLine Needs Rail Despite Growing Opposition

Just two weeks after Atlanta Mayor Andre Dickens walked back his support for adding light rail along the Atlanta BeltLine, a developer with two prominent projects along the popular 22-mile pedestrian trail said a transit component is critical to handling the city's burgeoning population.

Jim Irwin: BeltLine Needs Rail Despite Growing Opposition

Jim Irwin, the president of developer New City Properties, which built 725 Ponce and Fourth Ward directly connected to the BeltLine, said he supports adding rail as a way to address worker mobility and create more transit…

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This Week's Atlanta Deal Sheet: Ben Hautt Leaves Stream To Launch New Firm

Ben Hautt, the long-serving executive managing director of Stream Realty Partners in Atlanta, has left to spearhead his own development firm. 

This Week's Atlanta Deal Sheet: Ben Hautt Leaves Stream To Launch New Firm

Hautt departed the firm earlier this month after roughly two decades to found Robles Partners. At Robles, Hautt said he is eyeing new commercial development and adaptive reuse projects across the Southeast.Hautt, 41, started at Stream immediately after graduating from college. But after his father died in November, Hautt said he…

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WeWork Moves Forward On New Financing As Neumann Bashes Restructuring Plan

WeWork Moves Forward On New Financing As Neumann Bashes Restructuring Plan

The fight over WeWork’s post-bankruptcy future heated up over the weekend as the beleaguered coworking giant prepares for a hearing on Monday. Lawyers from all sides flooded the courts and took action. WeWork filed an amended plan to exit bankruptcy, exiled founder

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Blackstone To Buy Tropical Smoothie Cafe For Almost $2B

Blackstone To Buy Tropical Smoothie Cafe For Almost $2B  

Blackstone is preparing to buy one of the country’s 100 largest chain restaurants as it revives its investment activity after a 2023 lull. The world’s largest private equity firm announced Thursday that it has reached a deal to acquire Tropical Smoothie Cafe from Levine Leichtman Capital Partners. Blackstone is shelling out nearly…

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