Another attraction of condos is the price, said Michelle Maldonado, director of sales and growth for The Lipman Group Sotheby’s International Realty. Because they are smaller than a single-family home and don’t require land for individual lawns, they can be cheaper to buy than a house.
“All the construction slows some people down. More and more, I’m getting view questions,” said Michelle Maldonado, a broker with The Lipman Group Sotheby’s International Realty, who sells urban condos. “You can’t hide from the cranes these days in Nashville. Ultimately, it bodes well if you can live through the noise and dust, because you’re getting more of the things that are the reasons you moved downtown.”
“Typically, high-rises have to meet a pre-sale requirement, so most of their buyers are going off of a vision and floor plans on a piece of paper. Because of the way he converted, buyers really quickly got to see the actual product,” Maldonado said. “I think that did wonders for their momentum.”
“The condo market has matured in Nashville,” says Michelle Maldonado, a broker with The Lipman Group Sotheby’s International Realty, which is marketing the Adelicia. “We now have buyers who actively seek luxury real estate and that group is growing.”
“This was special because it’s a corner with views overlooking downtown and toward Vanderbilt, with a wrap-around terrace. It was sold fully furnished and decorated,” said Michelle Maldonado, a broker with The Lipman Group Sotheby’s International Realty.
Michelle Maldonado, a broker with the Nashville office of The Lipman Group Sotheby’s International Realty, is representing the seller.
More than 2,000 people came through the building during the auction, said Michelle Maldonado, sales director for Terrazzo.
Sales director Michelle Maldonado prepares a 14-floor penthouse in the Terrazzo for showing.
Maldonado and Hensler have yet to sell units through traditional advertising. They say most of the 79 buyers who have signed on did so as a result of a targeted marketing, including a series of cocktail parties, print advertising in local lifestyle magazines and word of mouth.