Commercial real estate publisher, Bisnow, recently posted an article featuring the opinions of various industry experts on lessons learned from the Lehman Brothers collapse of September 2008. Lance Patterson was among those leaders. Read his thoughts in the post below.
Mallory & Evans Development recently closed on construction financing for its 376-bed student housing development called Bellamy at Daytona in Daytona Beach, Florida. Patterson Real Estate Advisory Group arranged for construction financing with Dallas-based Texas Capital Bank.
Work began recently on the newest structure in Charleston’s WestEdge development. The eight-story office and laboratory building, temporarily known as 22 WestEdge, will be the tallest, multi-tenant structure on the peninsula and in the Charleston region when it opens. Patterson procured construction financing.
Patterson recently assisted Carter with acquisition financing for The Metropolitan, a 100 year old, 1,100,000 square foot mixed-use asset situated on over 40 acres south of Downtown Atlanta. The acquisition included equity financing with Silver Point Capital and debt financing with LoanCore Capital.
Patterson arranged a joint venture equity partnership that recently closed for Rooker Co. In June 2018, the partnership closed on financing for Spartan Ridge Logistics Center, a 273,000 sf industrial building in Spartanburg, South Carolina.
Patterson arranged financing for OA Development’s acquisition of a four building, 211,308 square foot portfolio in Imperial Center near Research Triangle Park.
Lance Patterson was featured as one of four “Sharks” at ULI Atlanta’s Shark Tank event last night at the Georgia Aquarium.
Patterson Real Estate Advisory Group is pleased to announce the opening of its newest office location in Charlotte, NC, and to welcome Drew Barnette who will serve as Director of that office. The attached press release contains further details.
Third and Urban and Westbridge Partners, two development firms responsible for some of the most successful adaptive re-use and creative infill projects in Atlanta, are joining forces. The attached press release details the new venture, and includes comments from Patterson CEO, Lance Patterson.
INTEGRITY + INGENUITY + INVESTMENT = SUCCESS
PATTERSON REAL ESTATE ADVISORY GROUP, LLC
309 East Paces Ferry Road | Suite 1100 | Atlanta, Georgia 30305
701 East Bay Street | Suite 412 | Charleston, South Carolina 29403
615 S. College Street | 9th Floor | Charlotte, North Carolina 28203
615 3rd Avenue S | Suite 606 | Nashville, Tennessee 37210 Opening Fall 2018