CondoLane Wins Five New Life Contracts

ATLANTA-CondoLane, an emerging big player in the metro area’s vibrant, mid-priced condominium market, is adding new product to its shelves with the signing of a contract with Marietta, GA-based New Life Homes LLC to sell a total 380 units in five communities around the state.

The value of the contract wasn’t disclosed but the deal increases the value of CondoLane’s portfolio to $126 million, says Pratt Farmer, the firm’s director of operations. “New Life has tapped into an excellent market–homeowners who want to enjoy their independence and forget about home maintenance,” Farmer says.

The condos are priced from $120,000 to $190,000. They are the Cottages at Cascade, 101 Cottsford Dr. in southwest Atlanta, 68 units; Cottages at Bells Ferry, 2301 Barrett Cottage Place, East Cobb County, 50 units; Villas at Evans Mill, 77 Camry Circles, Dallas, GA in Paulding County, 78 units; Villas at Riverstone, 209 Riverstone Place, Canton, 84 units; and Villas at Pebble Creek, 2766 Camry Lane, Grayson, 102 units.