Core5 Industrial Partners closed construction financing for the development of C5 Southgate, a 437k square foot cross-dock facility in the Columbus, Ohio MSA. Patterson Real Estate Advisors served as capital advisor. The loan was financed through ServisFirst Bank.
Patterson is pleased to announce the promotions of Austin Smith to Associate Director and Jordan Johnson to Associate. Click on the press release below for more detail.
Patterson announces its expansion into Central Florida and that Lauren Hanley will serve as Director of the new Tampa office. The links below contain articles that ran earlier this week.
Lance Patterson and other local real estate experts will take part in a virtual debt and equity panel discussion as part of BizNow’s Atlanta State of the Market Summit on September 30th. The group will address the way in which the recession is affecting appetite for Atlanta CRE among private and institutional investors, how the capital stack has changed in today’s market, and which alternative funding strategies are most effective.
Third & Urban and investment partner FCP recently announced the opening of Sylvan Supply in the West Nashville corridor. The project represents the transformation of a 60-year-old factory on Charlotte Avenue into a mixed-use development featuring office, restaurant and retail. Patterson served as capital advisor.
Patterson’s Nashville market director, Laura Cloud, was recently featured in a profile article by the Nashville Business Journal entitled ‘The Boss: Hard hats, blueprints reeled in Laura Cloud.’
Red Clay Development Partners, Atlantic Residential and Batson-Cook Development Company announced the closing of construction equity financing for Indigo at Champions Gate, a 300-unit multifamily project located just outside of Orlando, FL. Patterson served as capital advisor.
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 REAL ESTATE ADVISORY GROUP, LLC
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