It’s been several months since Cynthia Bailey‘s modeling school ‘The Bailey Agency‘ closed it’s doors and speculation began immediately that the business had failed.

Contrary to internet rumors, The Bailey Agency School of Fashion, which opened July 5, 2011, had actually outgrown its space and the location was placed for lease as the new location was being completed.

Bailey has now joined forces with celebrity photographer Derek Blanks, and the two have combined their successful businesses and now share a location. Seems like a win/win collaboration… Cynthia has all the young, up & coming models in need of headshots and Derek is quite well known for creating brilliant photos!

Bailey and Blanks celebrated the grand opening of their new location with an all White party last weekend, which (coincidentally) will be aired on the upcoming 6th season of The Real Housewives of Atlanta.

Nene Leakes, Phaedra Parks, Kandi Burruss, Kenya Moore & Porsha Stewart all joined their fellow Atlanta ‘housewife’ in celebration of her grand opening. Fashion Queens, Derek J and Lawrence Washington also showed their support.

More photos from Bailey & Blanks all-White grand opening celebration below…

Nene and Gregg look happy and I’m sure they’re anxiously anticipating the premiere of “I Love Nene: The Wedding”…

[READ: Nene’s Spin Off Gets Start Date + More Wedding Photos Revealed… ]

Cheers to the newlyREwedded Mrs. Leakes!

Hopefully Phaedra & Apollo will soon reveal the name of their newest son, who is almost 3 months old. She’s also been working on both RHOA and her new spin-off show.

[READ: Phaedra Parks’ “Rich People Problem’ Spin-Off Details…]

Porsha Stewart is happily living the ‘single life’ after being granted temporary spousal support in her pending divorce…

[READ: Stewart vs. Stewart: Porsha Wins Round 1 *Divorce Documents*]

Kandi shared the photo above as she was joined by her “Kandi Factory” co-stars Victor Jackson & Kwame Waters.

[PHOTOS: A Peek Inside Kandi Burruss’ Newly Decorated Atlanta Home… ]

Kenya Moore is still single… still drinking and still “homeless” after losing her eviction battle with her landlord (click HERE if you missed that).

[READ: Kenya Eviction Drama Taped For RHOA + Her Public Apology to Nene (VIDEO)]

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At least she still has “MISS” Lawrence by her side….

Kandi, Derek J and Cynthia Bailey strike a pose…

Phaedra & Derek Blanks…

The REAL househusbands of Atlanta: Greg Leakes, Apollo Nida & Peter Thomas

I just noticed that Apollo is the only one who bucked the system and rocked black instead of white… 😯

Everyone looked awesome!

Cute couple!

Congratulations to Cynthia and Derek on their new partnership!

CLICK HERE to view more photos from the grand opening event at FreddyO.