CA Ventures is selling this shiny new tower at a huge loss compared to what it could have fetched just two years ago. This isn’t just a markdown; it’s a stark lesson in misjudging leverage and timing. The lawsuits are simply the wake-up calls that come after the party—everyone’s eager to collect when the music stops, but the builder already spent the cash on yesterday's dreams. You can only juggle borrowed money for so long before something falls—and it seems the balls are starting to drop. "The price of the deal was $118.6M, which works out to roughly $278K per unit, the Atlanta Business Chronicle reported.  “The acquisition of 903 Peachtree is a great opportunity to leverage Waterton’s in-house operations platform to complete the lease-up of a new, well-amenitized high-rise,” Waterton Senior Vice President of Acquisitions Julie Heigel said in a statement. That price represents a significant discount for a newly constructed building — a similar trade would have happened at north of $400K per unit as recently as two years ago, the ABC reported." https://lnkd.in/ek_F64_M