Atlanta Real Estate | Making Investments in Uncertain Times

Real Estate is in an insecure position. If you want to invest, it is important to have the appropriate income, credit and job security. If you have these in place, there are many deals to be had. If a potential investor is not yet ready on this front, now is not a bad time to sit and do research. Watch the market, see how others invest, and then, when the time is right, make the best move you can.

Newly appointed Cousins Properties Inc. CEO Larry Gellerstedt said the Atlanta real estate market shows some signs bottoming out, and that the company should have many opportunities in 2010 to acquire distressed retail and office property.

"This isn't going to be a V-shaped recovery," Gellerstedt said Monday in an interview with Atlanta Business Chronicle. "But, we're going to see many opportunities to buy."

Gellerstedt, who joined Cousins in 2005, will take over for current CEO Tom Bell on July 1. Bell, who turns 60 this year, announced his retirement to the company Monday morning.

Cousins is a storied Atlanta real estate developer.

Founded in 1958 by Tom Cousins, the company has been involved in some of the city's biggest real estate projects, including the development of the 55-story Bank of America Plaza in 1989.

So there you have it, Atlanta has potential. The recovery is near. But it is up to the investor to make the right decision. Only when the time is right should a potential home buyer make a move.


Michael Russell writes about a variety of subjects. This article discusses Atlanta real estate. For more information, visit the Real Estate Book.