White Point Partners will construct a five-story office building and four-level parking deck in Charleston’s upper peninsula at Meeting Street and Algonquin Road. Patterson coordinated construction financing for the project.
Fuqua Development acquired a 67.5 acre site in the heart of Gwinnett County for the development of Phase 1 of their mixed-use project, The Exchange at Gwinnett. The site sits at the intersection of I-85 and SR-20. Patterson arranged the financing with Trez Forman Capital.
Patterson announces the sale of the Brickworks Portfolio, a 194,000 SF retail and office property located at the intersection of Marietta St. and Howell Mill Rd. in the West Midtown neighborhood of Atlanta, Georgia. Patterson marketed the portfolio on behalf of the seller, Midtown West Associates. The portfolio was sold to Charlotte, NC based Asana Partners.
In late 2019, Holder Properties closed on construction financing for 320 West, a 719-bed purpose-built student housing and mixed-use project located in an opportunity zone, directly adjacent to the Auburn University campus. 320 West will sit on Magnolia Avenue, just across from Auburn’s business and engineering school and just steps from downtown Auburn. Patterson assisted in procuring a long-term capital solution to accommodate the Property’s opportunity zone advantages, including a construction-to-perm loan with Aegon.
Three P Partners recently closed equity and debt financing for the construction of the Bellyard Hotel. The Bellyard Hotel sits in the heart of West Midtown at the corner of Howell Mill Rd. and 14th Street, and is within the larger Interlock mixed-use development that will be home to office, retail, and residential uses. Patterson arranged financing with an institutional equity fund and a regional bank.
Portman Holdings recently acquired a 4-acre site in the heart of Midtown Atlanta. The property sits at the corner of 10th and Spring Streets and is currently home to the H.M. Patterson & Son landmark structure that is an iconic building within the Midtown landscape. Patterson arranged the financing with Bank OZK.
Carter broke ground on a 306-unit multifamily project, the most recent phase in its larger Summerhill mixed-use project. Patterson arranged the construction financing with Kayne Anderson and Citizens Bank.
Origin Investments announced the closing of permanent financing for City Center Buckhead, a 33,400 SF Class-A boutique office asset on Peachtree Road in the heart of Atlanta’s thriving Buckhead Financial District. Patterson Real Estate Advisory Group arranged the financing through Wintrust Bank.
East West Partners will soon break ground on phase 1 of its new mixed-use development, The Waterfront. Phase 1 will consist of 58 high-end condos and town homes along with retail, parks and amenities. Patterson arranged the the full capital stack for the Charleston project.
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 28202
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