Word on the curb is that O.G. Peter Thomas, husband of Cynthia Bailey of The Real Housewives of Atlanta may be facing foreclosure of his popular Atlanta night spot, Bar One.

I received an email tip over the weekend about the pending sale of Thomas’ bar and while other sites were quick to report that Bailey and Thomas have made notorious list of “broke” Atlanta housewives, it seems that they forgot a few details.

Things are not always black & white…

Details below…

Here’s the email that I received Saturaday…

from: “rchngout”
to: [email protected]
date: Sat, Aug 24, 2013 at 7:13 PM
subject: Foreclosure Celebrity Tip Cynthia Bailey and Peter Thomas

We all remember the episode of RHOA where Cynthia loaned now husband Peter Thomas over 50k for his new investment after his failing previous endeavors. Extremely RELIABLE sources have confirmed that on September 3, 2013 both properties will go up for auction on the steps of Fulton County.

The Realty Company is called Closing Deals LLC The broker (Juel McGhee) personally has it listed and it is listed as a short sale.

Sad story……. Not Again!!!

Reaching Out

I suspect that since the broker’s name is in it, that it’s probably from him (or his office). Whatever the case, I reached out to Peter yesterday and inquired about the news. Thomas was quite open about it and says that the Bar One property is leased and that it’s true that the owners are in foreclosure… not him.

Peter says he is renting the spot and while it’s true that the owners are offering the property as a short sale to avoid foreclosure, Thomas says that he’s submitted a bid and is “the first in line to purchase” the property.

After I heard Peter’s explanation, I wasn’t going to even bother blogging it but Thomas says he wants the truth out there so that there will be no misconceptions about him or Cynthia being foreclosure. So there you have it.

I’ve finally used my ‘powers’ for good. 🙂

This situation could actually play out on the show since they are smack dab in the middle of taping season 6.

Stay tuned…

What do you think of this recent Bar One news?

Do you believe Thomas’ side of the story?