For its neighbors in the city’s wealthiest area, the Streets of Buckhead is an unfinished eyesore, not the glitzy shopping district promised at the height of the real-estate boom.
For Bank of America Corp., the project’s biggest lender, it is a microcosm of commercial-real-estate problems faced by banks nationwide as builders default on loans and valuations tumble.
Full story: Unfinished Real-Estate Projects Weigh on Banks – WSJ.com.