Foreclosure Date Set for Luxury Condo Tower

ATLANTA-Another big condo tower, the new 20-story Mezzo Atlanta between Midtown and Buckhead, is being advertised for foreclosure and scheduled for auction April 6. The luxury highrise was developed by locally based Tivoli Properties, a developer of high-rise condominiums, apartments and hotels including Aqua Midtown and the Mandarin Oriental.

Mezzo, built in 2008 as a condo at 2171 Peachtree St., has been converted to rental apartments, with units ranging from $2,295 a month for a two-bedroom to $5,495 a month for a penthouse. Mezzo is scheduled to be sold at auction on the steps of the Fulton County Courthouse. The amount of the loan is $36 million, according to Databank Atlanta.