Patterson Real Estate Advisory Group served as capital advisor to Shelton McNally Real Estate Partners on a 199-unit multifamily community seven miles east of downtown Nashville in the growing Donelson submarket.  Patterson arranged the construction financing which included a joint venture equity partnership with Lubert-Adler Real Estate Funds and a construction loan with Cadence Bank.

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Patterson Real Estate Advisory Group served as capital advisor to The Loudermilk Companies in the recent closing of a refinancing for 309 East Paces, a restored. twelve-story office building in the heart of Buckhead Village.  The building previously served as headquarters for Aaron’s.  Permanent financing was provided by Aegon USA Realty Advisors.

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Patterson serves in a capital advisory capacity in an on-going relationship between Second Fifty Communities and Capital Square, as they invest in senior housing developments within the Southeast.  Earlier this year, the pair closed a deal in Charleston, SC, Merrill Gardens of Carolina Park, and this week closed on Merrill Gardens at Bull Street in Columbia, SC.

PHOTO OF MERRILL GARDENS AT BULL STREET

Patterson recently hosted a distinguished panel of speakers and guests to discuss capital market trends in Nashville.  The symposium featured panelists Barry Olson, Managing Director of Goldman Sachs, Travis Johnson, Managing Director of Debt Production – Principal Global Investors, Esko Korhonen, Managing Partner of FCP, and Brad Barton, Mananaging Director of Commercial Real Estate for CIBC.  Terry Hughes, Patterson’s Nashville Director, served as moderator.

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