Local News

Real estate news in Atlanta

Illustrated Properties names Christina Pappas as president 

Pappas will continue to serve as president of The Keyes Company.

38 West Eleventh condo tower lands $215 million construction loan 

Owners of the 659 residences will be able to rent them short-term or on Airbnb year-round. 

Developers to acquire former Key Biscayne resort for record $205 million 

Terra and Fortune International Group plan to develop a 56-unit, luxury-condominium development on the site of the Silver Sands Beach Resort.

Chicagoland’s Kim and Katie Group enters Naples with Premier Sotheby’s affiliation 

Founders Kim Marino and Katie Minott will work from Premier’s Broad Avenue office as they pursue a dual-market arrangement. 

Miami set to be one of the hottest buyer’s markets this spring

Since homes spend a median of 60 days on the market, Miami buyers enjoy more choice and flexibility than those in tighter markets.

Compass names Miltiadis Kastanis as South Florida’s new-development sales director

Kastanis most recently worked at Douglas Elliman, where he produced more than $300 million in total sales volume since 2023.

Francisco Mercado-James

“Stay consistent!” Francisco Mercado-James, Luxury Realtor, Ancona Real Estate, North Bay Village

Illustrated Properties hires executive sales manager for corporate office 

The new manager, Mandie Weller, has a decade of real estate management experience and most recently worked at Long & Foster. 

Work begins on Fort Lauderdale workforce housing following $80 million financing package 

The 400-apartment community, to be known as The Era, is being developed by Affiliated Development. 

Pablo Alfaro joins Compass 

Alfaro most recently served as director of sales at Douglas Elliman. 

Littal Schwarzbaum

“Don’t get discouraged. All it takes is one deal.” — Littal Schwarzbaum, luxury real estate specialist, Ancona Real Estate, Miami Beach

Douglas Elliman adds managing broker, agents to Florida locations 

The managing broker will lead Douglas Elliman’s St. Petersburg office, while the agents will join its Coral Gables and MiMo locations. 

Miami home sales slide year over year in February 

Nationally, home sales were down 2.6% year over year and up 8.4% month over month, RE/MAX said. 

ONE Sotheby’s International recognizes top producers of 2024 

The winners helped the Florida brokerage grow its annual sales by 29% last year. 

Georgia Themelis

“Have a mentor, save up a lot of money before you quit your day job, start part-time.” — Georgia Themelis, Realtor, Ancona Real Estate

RE/MAX Advance acquires Dream Life Realty of Coral Gables 

The deal is RE/MAX Advance’s eighth acquisition of a brokerage since 2020 and its first outside of the RE/MAX network. 

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