Tag Archives: Georgia State University

Thursday, December 15, 2011

The New Atlanta Real Estate Act – Hollywood!

A new act for Atlanta real estate

By Jennifer Brett
The Atlanta Journal-Constitution
1:58 p.m. Wednesday, December 14, 2011

Act One: Carter Phillips gets into real estate.

Act Two: The market tanks.

Act Three: Enter Tyler Perry.

“Real estate just wasn’t happening,” Phillips said. “The question was, what do you do when what you’re doing isn’t going to work?”

Perry and other entertainers, including Kate Hudson, Kiefer Sutherland, T.I. and Geena Davis, have become the answer. Rather than continue trying to sell his client’s 12,000-square-foot Castleberry Hill loft — once listed at $15 million — Phillips now leases it to production companies looking for a glam place to film. Read More

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