Pickleball Courts: An Investment in Wellness Real Estate

As society continues to prioritize health and well-being, real estate developers are focusing on creating spaces that enhance physical, social and emotional wellness. One standout amenity in this wellness real estate movement is the pickleball court. “Pickleball was dubbed the fastest-growing sport in the U.S. by the Sports & Fitness Industry Association, with the number of players older than six years old growing from 4.8 million in 2022 to 8.9 million in 2023,” according to this article. The current demand is so high that the market would need $900 million in investment/construction or 25,000 new courts to keep up with it.

As a result, pickleball courts are being incorporated into residential and commercial developments nationwide as a cost-effective way to add value to a property while attracting new tenants and buyers. While some opportunistic developers have made plans to convert abandoned spaces like shopping malls, others are building from the ground up, like in one recent deal our Calloway Title team helped close.

Introducing Pickle and Social in Atlanta

“We wanted a first-in-class pickleball experience, which means we did a custom build. We have the perfect configuration of ceiling height, colors and windows,” Brian Harper, former director of sales at TopGolf and current COO of Pickle and Social, said in this article. While other pickleball courts and venues opening across Atlanta chose strategic locations near breweries and restaurants, this new “eatertainment” venue decided to combine the pickleball and restaurant concepts into one.

Pickle and Social in Gwinnett County, Atlanta, opened in December, unveiling 16 indoor and outdoor courts, a restaurant and bar, a rooftop lounge and a beer garden. It is the third concept to be introduced under the Competitive Social Ventures (“CSV”) Holding Company. It aligns with their mission to bring people together for FUN and authentic shared experiences by creating an unbeatable atmosphere, innovative play, amazing food and drink and top-notch service.

While pickleball is a highly sought-after amenity in the market right now, Pickle and Social leadership believed it would be their smallest revenue driver. They offer unique programming to fill non-peak hours, such as morning memberships and afternoon round-robin events to combat this. They also focus on strategic food offerings, adding seasonal and geographic cuisines to their menu, have dozens of yard and sports games and frequently host music guests in their amphitheater.  

Strategic Partnerships

Just because something is trending doesn’t make it an automatic success. Incorporating other amenities into a wellness space is a good starting point. Still, strategic partnerships within the sports and wellness industry can provide the credibility you need to create an authentic and successful commercial space. Pickle and Social did a great job at this. They centered their idea around the popularity of pickleball, added other attractive elements and then built a team of experts, including USA Pickleball ambassador and co-owner of the Atlanta Pickleball Association, Chris Wolfe and former NFL Quarterback Danny Wuerffel, who is now a brand ambassador. Pickle and Social’s extensive Corn Hole setup also landed them a partnership with the American Cornhole League, in which they will host televised cornhole tournaments from their Gwinnett location.

Another strategic partnership that aided the project’s success was with our team at Calloway Title. Since this was a ground-up build, our team ensured that the title to the property was free and clear. We worked diligently to get this deal across the finish line so that people in our Atlanta communities could enjoy all this venue has to offer for years to come.

Learn more about Pickle and Social here, and remember that Calloway Title can handle your complex deals in any state. Visit www.titlelaw.com to work with us!

Rebuilding a Community Using the Community Ownership Model

A “first of its kind” affordable housing development at 918 Dill Ave., SW is coming to the Capital View neighborhood in Atlanta, and Calloway Title was honored to handle the title work and closing for this groundbreaking project. Our team is passionate about working on unique projects that make housing more accessible in every state. We aim to help communities and their residents achieve economic stability and opportunities for a more enriching, connected culture.

918 Dill Ave.: Here’s what you need to know

Developers are expanding a commercial building originally constructed in 1930. Our team completed a 100-year search into the property’s title history to ensure the deal was covered properly while helping close it. The ground floor will be transformed to include a community office space, a commercial grocer and three food service providers that aim to bring back opportunities and options around food access in the area, according to this video. Plans also include adding 18 one-bedroom and two-bedroom units on top of the structure that will be reserved for low-income households in the area to rent. This part of the project was particularly complex because the original building wasn’t strong enough to sustain vertical growth. Developers had to build a new structure inside of the existing one that could hold the weight.

“The project is being co-developed by socially minded Atlanta-based real estate companies The Guild and Urban Oasis Development, with the eventual goal being to offer community stakeholders equity in the project upon its completion, according to this article.Co-op buyers are not purchasing real property, but instead buying shares in the corporation. The estimated price per share is $10.

Why the community ownership model?

“The community ownership model works to preserve community-serving businesses, build community wealth and promote community-led economic development from within,” according to this article. It shifts the power back to the residents, giving them the ability to make decisions that benefit their neighborhood. “Community ownership models are not themselves the endpoint, but tools for repairing longstanding harms and promoting just development without displacement through reshaping relationships between people, place, power and property,” states this article.

Eventually, the development will be completely owned and governed by its residents and those from Capitol View and surrounding SW Atlanta communities via a Community Stewardship Trust. The trust will have a governance model so community members who are now co-owners can decide what will happen to the building going forward, who gets to move into some of the retail spaces, as well as increasing economic mobility.

Why Capitol View?

The goal of this project is to reposition a community that has been declining and dysfunctional. The Capitol View neighborhood dates back to the 1900s, and it’s lost a lot of its business and vibrancy, according to this video. It’s also located in a food desert, meaning there isn’t a lot of access to healthy food. Residents have previously tried to “buy back the block,” which shows determination and makes them a great fit for this type of model. The Guild was quoted as saying, “The fact that they had attempted to do so was encouraging, since working with communities that are already organized ensures that we aren’t helicoptering in solutions.”

Together, we can make an impact and change our communities for the better through commercial real estate projects! Learn more about the development of 918 Dill Ave. here, and remember that Calloway Title can handle your complex deals in any state. Visit www.titlelaw.com to work with us!

The Legacy of Henry “Hank” Aarons Will Live on at The Henry

A new mixed-use project projected to open at the end of 2026 or in early 2027 is taking shape in Cobb County, Atlanta, and it has a pretty special story behind it. The Henry, named after major league baseball legend and former Atlanta Braves player Henry “Hank” Aarons, will introduce 650 apartments, 54 condos and a 250-key hotel near The Battery and Truist Park.

This new premium housing development represents a partnership between Braves Development Company, Goldenrod Companies and SK Commercial Realty. Holland Basham Architects are in on the deal, and our team at Calloway Title got to hit the title work out of the park (see what we did there) for all parties to the transaction!

Honoring a Legend

Henry “Hank” Aaron’s story is about much more than baseball. There’s no denying that he was a phenomenal athlete. He was a consistent player on the plate and the field over his 25-year career in the MLB. Atlanta Braves fans celebrated his greatness at every game, but in 1973, he was thrust into the national spotlight for breaking one of the sport’s most cherished records: Babe Ruth’s mark of 714 home runs. Hank ended his career with 755 home runs.

Yet, “Hank Aaron’s consistent excellence on the field was overshadowed by the dignity and grace he exemplified throughout his career,” states this article. Hank was widely admired for his character. Shortly after his record-breaking home run, Georgia congressman Andrew Young declared, “Through his long career, Hank Aaron has been a model of humility, dignity, and quiet competence. He did not seek the adoration accorded to other national athletic heroes, yet he has now earned it.” Hank was elected to the Hall of Fame in 1982.

Expanding a Community

Plans for The Henry are well underway, and once completed, the development is expected to play a critical role in the area’s growing entertainment district. In this article, Holland Basham Architects explain, “Amenities will include a gym, a pool, a grilling station, a dog park, bike storage, a coffee shop, a rooftop bar and lounge with views of the Atlanta skyline, and meeting and work-from-home spaces.” It is also in close proximity to Truist Park and The Battery. With the introduction of pedestrian bridges from the hotel to the stadium, baseball enthusiasts and guests will have easy access to games.

Calloway Title’s Role in the Story

Not only did our team recently complete the title work and help close the deal on The Henry, but we also helped close the deal on Truist Park Stadium, meaning those pedestrian bridges aren’t the only thing connecting these two projects. They’re also linked by Calloway Title, which brings us great pride as Atlanta locals and loyal Braves fans.

What we love about The Henry and Truist Park is that they’re creating a unified space that makes it easier for people to come together and connect over their shared interests and love of community. If you have a commercial project that will help expand or enrich your community, we’d love to work with you on it! Calloway Title can handle your complex deals in any state. Visit www.titlelaw.com to work with us!

Bringing Jobs and Sustainable Energy to Georgia

How are you making an impact? Are you working on a project that will provide affordable housing to underserved communities? Maybe you’re drafting plans for a theatre or stadium to unite people through the arts and entertainment sectors or pushing for more sustainable “green” buildings.

At Calloway Title, we are passionate about working on projects that make a difference in the community, whether your commercial deal is here or in another state. That’s why we’re excited to share about a 2.5 billion dollar deal we recently closed for Qcells, a unit of Hanwha Solutions, that is bringing more jobs and clean energy to Georgia.

Here’s what you should know about Qcells’ and our involvement in this transformative project.

Qcells is part of a South Korean company that makes high-performance solar panels, solar products, intelligent energy storage systems and has a growing pipeline of large-scale renewable energy projects, all of which are typically manufactured outside of the United States.

The company first came to Georgia in 2018 to open a solar manufacturing facility in Whitfield County, employing thousands of Georgians. It has now invested 2.5 billion dollars more, following the signing of the Inflation Reduction Act, to build a new solar manufacturing plant in Cartersville/Bartow County and expand its existing facility in Dalton County. Construction has started, and production is expected to begin before the end of this year. “Between the Dalton and Cartersville projects, Qcells expects to increase the number of employees in Georgia to more than 4,000 by the end of 2024 and bring its total solar panel production capacity in Georgia to 8.4 gigawatts,” according to this article.

This project will aid Qcells’ efforts to establish a complete solar supply chain in the United States. In this article, Qcells CEO Justin Lee says, “We are seeking to further expand our low-carbon solar investments as we lead the industry towards fully American-made clean energy solutions.” The company’s presence here and significant investment are also helping make Georgia a world leader in advanced energy production and attracting next-generation jobs. The new plant will make a national impact, lowering the cost of clean energy and helping combat the climate crisis.

Why Top Developers Trust Calloway Title

Qcells was a huge deal for Calloway Title–one of the largest in our company’s history, and we handled it with great care and attention to detail. We conducted a thorough easement review as part of our survey review process and a 100-year search into the property’s title history to ensure that the deal was covered properly while helping close it back in December. We learn a great deal from every new transaction and adapt accordingly, but what always remains the same is our quick responses to emails, our availability for phone calls and our commitment to 24/7 customer service.

Together, we can make an impact and change our communities for the better through commercial real estate projects! Learn more about Qcells’ Georgia expansion here, and remember that Calloway Title can handle your complex deals in any state. Visit www.titlelaw.com to work with us!

The Four W’s of the Corporate Transparency Act

What is the Corporate Transparency Act?

The Corporate Transparency Act (CTA) is a new law that went into effect on January 1, 2024, requiring small and medium-sized businesses to file Beneficial Ownership Information (BOI) to the U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN).

What is Beneficial Ownership Information?

BOI refers to the identifying details about individuals who directly or indirectly own or control a company. “This information includes the names, dates of birth, addresses, unique identification numbers and government-issued IDs of each owner of more than 25% interest in a company and everyone who has substantial control over the business,” according to this article written by a New England attorney. Reporting requirements may vary in cases of exempt entity ownership, minor child ownership, foreign pooled investment vehicles and for company applicants before 2024.

Why was this legislation passed?

The Corporate Transparency Act is a response to rising concerns about financial crimes and fraud, a growing threat to our industry and many others. Some of the goals of this legislation are to enhance transparency around ownership and control of corporate entities, to assist FinCEN in tracking financial crimes and safeguarding the integrity of the U.S. financial system and to help identify businesses that have been used to conduct illegal financial activities. Businesses that don’t comply with the CTA or file properly could face consequences, including prison time and hefty fines.

Who needs to file a Beneficial Ownership Report?

“Most of the approximately 33 million small businesses in the United States will be required to file with FinCEN,” according to this same article from the New England Biz Law Update. Whether your business is just forming or has been up and running for years, it will likely qualify as a reporting company–domestic or foreign– that must submit identifying information about its owners. However, some large businesses, nonprofits and public companies, including banks, credit unions, insurance companies, accounting firms, government groups and more, are exempt and do not need to file a report.

When does the BOI report need to be filed?

The BOI filing dates are as follows, according to this article by Wolters Kluwer:

  • A domestic reporting company created on or before December, 31, 2023, must file its initial BOI report by January 1, 2025.
  • A domestic reporting company created on or after January 1, 2024, and before January 1, 2025, must file a report within 90 calendar days of receiving actual or public notice that its creation has become effective.
  • A domestic reporting company created on or after January 1, 2025, must file a report within 30 days of the date on which it receives actual or public notice that its creation has become effective.
  • If the information about the reporting company or its beneficial owners changes, the reporting company must file an updated report within 30 days after the change occurs.
  • If a report was inaccurate when filed, a corrected report must be filed within 30 days after the reporting company becomes aware of or has reason to know of the inaccuracy.

At Calloway Title, our goal is to ensure that our clients and their commercial real estate transactions are safe and secure from illegal activity, and this new legislation will help us achieve that goal. Understanding your BOI filing requirements and deadlines under the CTA is extremely important, and we’re here to support you in every way we can. Visit www.titlelaw.com to work with us!

Six Big Closings to Close Out 2023

There have been plenty of ups and downs in real estate this year, but Calloway Title continued doing business. We’ve been able to get some impressive commercial deals across the finish line, and as the new year approaches, we’re reflecting on our work by sharing six projects we’re proud of from 2023:

Tyler Perry Studios

Towards the end of 2022 and the beginning of this year, our team completed the title work and helped close the deal on entertainment mogul and Atlanta native Tyler Perry’s 37.5-acre expansion of Tyler Perry Studios in Atlanta. According to the Atlanta Business Chronicle, “Perry’s plans included adding an entertainment, retail and restaurant district to the production campus.” It is now one of the country’s largest TV and film production facilities.

Tilford Yard Data Center

Some of our projects started from the ground up. We enjoy working on new development projects and large plots, so we were thrilled when developers called on our team to help close on a new two-level data center in Tilford Yard.

Florida Industrial Warehouse

In 2023, we also expanded our reach outside of Georgia. We handled commercial deals in Florida, South Carolina, Tennessee and nationwide–and hope to do even more in 2024.

Completing the title work on an industrial warehouse property in Sarasota, Florida, in March of this year was extra special to us. According to the Herald-Tribune, “The property, purchased for

$5 million, was intended for use by Club Car, a provider of GPS systems to golf carts and other electric vehicles.”

Wellstar Hospitals

In August, Wellstar, an Atlanta-area hospital system, took over Augusta University’s hospitals with the promise of providing financial stability, more medical training and better care to the facilities, and our team was thrilled to make a positive impact and help close the deal. According to AP News, “Wellstar assumed control of the 478-bed Augusta University Medical Center and 154-bed Children’s Hospital of Georgia, as well as the rights to build a 100-bed hospital in suburban Augusta.”

The Rowan Foundation Research Development

Another big project we completed the title work for and helped close in July was The Rowan Foundation’s purchase of a 5.05-acre parcel of land. It was intended to expand the foundation’s ambitious research development and reached a whopping $250,000 per acre.

Affordable Housing in Atlanta

Finally, in October, we worked with the City of Atlanta to help them close a real estate transaction with the Young Women’s Christian Association (YWCA) of Greater Atlanta for an 11-acre property that will be used to create more affordable housing. We love supporting our

community and the housing industry through our work, especially through projects like this one.

We feel extremely lucky to have worked on many impactful projects locally and nationwide this year. Thank you to everyone who has trusted Calloway Title with your commercial real estate deals in 2023. We can’t wait to see what we can accomplish together in 2024. Visit www.titlelaw.com to work with us!

The Making of a Family-Owned Business

The 2023 holiday season has commenced, and it’s got our Calloway Title team feeling extra sentimental. We have so much to celebrate and be thankful for, but one thing that tops our list every year is our late founder, S. Marcus Calloway. Marcus dedicated his life to the family-owned business that is Calloway Title. While a lot has changed since its inception, the values and principles that guide us have remained the same.

Today, we’re taking a moment to share our story and reflect on how we got here.

Accomplished Attorney to Commercial Business Owner

Respect all. Fear none. Expect Victory. That’s the motto that our founder lived by and what he attributed most of his success to. In 1976, Marcus was admitted to the State Bar of Georgia and became laser-focused on real estate law and commercial title. He opened S. Marcus Calloway, P.C. in 1977, but that wasn’t enough. He wanted to make a bigger impact, so in 1989, he partnered with Ramsay and Calloway Title Services Inc. before forming Calloway Title and Escrow, LLC in 1996.

As a member of various associations, frequent presenter at real estate seminars and recipient of awards like The George A. Pindar Award from the Real Property Law Section of the State Bar of Georgia in 2013 and Title Person of the Year by the Southeast Land Title Association in 2017, Marcus quickly made a name for himself in both the title and law industries. The more opportunities Calloway Title gained, the more Marcus poured back into the community. He supported various non-profit organizations and even brought professional rugby to Atlanta.

Leaving A Legacy

Marcus and his managing partner created a working environment where the best and brightest minds in the industry felt empowered to excel. Over the years, the Calloway Title team has grown into a family–some by blood and others by choice. Marcus set the standard for commercial title insurance, but above all, he was a stand-up person. Because of that, our team takes a straightforward approach to every transaction, with no shortcuts, and we put the needs of our customers first.

The Next Generation

Fast forward to now…our company is run by managing partners Amanda Calloway (Marcus’s daughter) and Kyle Levstek.

Amanda is a proud leader who entered the field of law quite naturally, following in her father’s footsteps. Like Marcus, she’s advancing her career and making an impact on others. She periodically speaks at her alma mater to share her expertise with the next generation of lawyers, is the current chair of the Real Property Law Section of the Georgia State Bar and supports many non-profit organizations. Kyle Levstek also serves on the Real Property Law Section with Amanda and has been with the firm for 23 years. They, along with the rest of our leadership team, are dedicated to keeping Marcus’s legacy and bright spirit alive, while also making some necessary technological advancements and changes to the process–it’s almost 2024, after all. We hope this blog serves as a reminder for us to respect all, fear none and expect victory when we work together. We wish you a happy holiday season with the family members that are here and the ones that are here in spirit. Visit www.titlelaw.com to work with us.

Commercial Real Estate is Going Green

With the environment and health and wellness on everyone’s mind in recent years, we’ve seen an increase in demand for green buildings, especially in office, retail and mixed-use spaces. While this is becoming a trend all over the nation, Georgia ranks among the top ten states leading the way on green building. 

Benefits of Green Buildings 

Besides the obvious benefit of making a more positive environmental impact, green buildings are often more desirable to consumers and easier to lease. High-quality tenants are willing to pay a premium for green spaces, and owners see a higher return on their investment. Local and state governments also offer grants and loans to aid with building costs, as well as other incentives. In general, green buildings are built to last and have a higher real estate value. 

“The benefits for tenants leasing space in a green building can include lower utility costs, improved health and increased productivity,” according to The Importance of ‘Greening’ Your Commercial Lease by Katherine Oberle and Monica Sloboda. 

Green buildings are designed to be energy-efficient and provide a healthy and comfortable indoor environment. They use materials that reduce indoor air pollutants and provide natural light, making them more enjoyable to work, live or shop in. An additional benefit of leasing a green space is that it sends a message of corporate responsibility to investors, clients and customers. This is particularly important as more consumers favor natural products and companies that prioritize sustainability. 

Getting a “Green Lease”

“Greening” your commercial lease ensures that the building stays green. It holds both parties accountable by establishing who is responsible for covering utilities, furnishings, cleaning products, practices and more. With a green lease, tenants have a legal responsibility to maintain green initiatives, and owners are liable for acting in the best interest of the building and the greater environment.

Green Initiatives 

There’s more than one way to “go green” in commercial real estate, and there are multiple green building standards used in the industry, including LEED®, Green Globes and ENERGY STAR®. As environmental restrictions and regulations continue to tighten, technology and green initiatives will advance to become more innovative and effective. Six up-and-coming initiatives are prefabricated construction, passive solar building, green roofing, recycled insulation and materials, green retrofit and architectural film and biowalls. These thoughtful solutions go beyond external additions such as solar panels and focus on repurposed materials and alternatives to traditional construction methods which are incorporated into the building itself.

Trust Calloway Title with Your Next Green Build

At Calloway Title & Escrow, we love working on projects that make a positive impact on the environment. We have experience working on green projects in and outside of the state of Georgia, including Atlanta’s Avalon, a unique retail community that is also an earth-friendly green space and home to 2,800 trees. You can trust our experienced and personable team to help you close the deal on your next commercial project, no matter how complex. Visit www.titlelaw.com to get started.

Experienced Title Insurance Attorneys Unite Under Calloway Name

The Calloway brothers have combined forces. After years of co-existing as friendly competitors in the commercial title insurance industry, on April 1, 2019 George C. Calloway, Esq. joined Calloway Title and Escrow, LLC as Senior Partner, along with nine of his expert employees from Specialized Title Services, Inc. Working together is nothing new for S. Marcus Calloway, Esq. and George C. Calloway, Esq. as these two grew up working hard in their family business as young men and worked together professionally from 1976 through 1995. Marcus and George are proud to bring their combined 82 plus years of title experience together under the Calloway name. The transition has been seamless, as the principals and employees from both firms remain focused on providing clients with high level expertise, responsive customer service, and a quality work product for which both Marcus and George are well known in their field. With the addition of George and his team, Calloway Title and Escrow, LLC now employs 13 attorneys with various bar memberships across 5 states. Calloway Title and Escrow, LLC enjoys agency relationships with nine underwriters including direct agencies in Georgia, South Carolina, Florida, and Tennessee, as well as strategic relationships across the country that facilitate the ability to provide national title services in all 50 states. Clients of Specialized Title Services, Inc. and Calloway Title and Escrow, LLC will continue to enjoy the service and expertise synonymous with the Calloway name, as well as the benefit of an expanded work force poised to take on commercial title projects across the country.

Princess of Title Goes to Washington

The ALTA Advocacy Summit can seem intimidating to those who have no experience on Capitol Hill. In-person meetings with the Congressmen and women who govern the country can feel intimidating and nerve-wracking. ALTA members sometimes hesitate to attend the event because they don’t feel like they can answer questions or be the “expert in the room.”

Read the full article on ALTA’s blog.