Patterson Arranges Acquisition and Construction Financing for Four Building Portfolio in FreeMoreWest neighborhood of Charlotte, NC

Third & Urban and Angelo Gordon recently announced the closing of acquisition and construction financing for its 260,000 square foot FreeMoreWest Portfolio, a collection of four buildings in the FreeMoreWest neighborhood of Charlotte, NC.  Patterson Real Advisory Group arranged debt financing with Cadence Bank and structured a joint venture partnership between Third & Urban and Angelo Gordon.  The partnership will reposition the buildings into class A creative office and mixed-use offerings.

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Patterson Serves as Capital Advisor for Luxury, Multifamily Development in Mount Pleasant, SC

Middle Street Partners and TREI Real Estate teamed up on a 224- unit, luxury, multifamily development overlooking the marsh in the Town of Mount Pleasant, South Carolina, just a bike ride from the beach.  Patterson served as the capital advisor, helping raise both the construction debt and equity.  The team closed the capital stack in February and construction began immediately.

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Patterson Arranges Construction Financing for Multifamily Project near Beltline Trail in Atlanta

Patterson Real Estate Advisory Group assisted Urban Realty Partners and Prestwick with construction financing for the development of 982 Memorial Drive, a 205-unit multifamily project located near the Eastside Beltline trail in Atlanta, Georgia.  Financing was through Humphreys Capital and Principal Real Estate Investors.

PRESS RELEASE

Patterson Real Estate Plans to Hire, Promote and Open New Office Amid Pandemic

Patterson Real Estate Advisory Group was featured this week in CoStar’s national Did You Hear? column.  The article, written by Tony Wilbert of CoStar News, outlines CEO Lance Patterson’s intention to continue with growth plans for the commercial real estate advisory firm he founded 10 years ago, despite the coronavirus pandemic.

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Patterson Serves as Capital Advisor for New Hotel in Atlanta’s Buckhead Village District

Regent Partners and Loudermilk Companies have teamed up to bring the Thompson hotel brand to Atlanta in the heart of the Buckhead Village.  Patterson served as the capital advisor, helping raise both the construction debt and equity.  The team closed the vertical capital stack on March 6, 2020, and construction began immediately.

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Patterson Arranges Redevelopment Financing for Historic Building in Nashville, TN

Patterson Real Estate Advisory Group assisted TWO Capital Partners with the closing of redevelopment financing for 209 7th Ave, a 54,000 SF historic building located in downtown Nashville, Tennessee.

PRESS RELEASE

Patterson Names Todd Flaman as Partner

Patterson Real Estate Advisory Group is pleased to announce that Todd Flaman, Managing Director based in Atlanta, was recently brought into an ownership position within the firm.  See press release for details.

PRESS RELEASE

Patterson Announces Employee Promotions

Patterson Real Estate Advisory Group is pleased to announce the promotions of Hayes Brewer and Jordan Johnson to Associate and Senior Analyst.  See press release for details.

PRESS RELEASE

Lance Patterson to Join Virtual Speaker Panel at ULI Atlanta’s ‘Navigating the Unknown’ Discussion on April 16, 2020

Attendees will hear from real estate experts as they discuss the major economic and real estate shifts caused by the COVID-19 pandemic and how the market is adapting. Speakers will share what challenges local real estate leaders are encountering and what emerging changes they see that are likely to stay.

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