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Total Sovereignty

Condo sales at one of Buckhead's most luxe towers, the 50-story Sovereign, caught fire in 2012, with 19 luxury homes sold for $30 million total, or roughly $1.5 million per unit. One broker notes that about half the buyers at Sovereign paid cash. The 1010 Midtown building had to close 82 units last year to reach about the same dollar value, en route to closing 101 units total. [AtlantaSkyriseBlog]