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 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

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 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