Patterson Real Estate Advisory Group arranged a bridge loan for Hotel Bella Grace, a 50-key, boutique hotel located on Charleston’s historic Peninsula. Three P is the owner and the developer of the project that delivered in 2017. Patterson arranged financing with Ameris Bank.
Crescent Communities recently acquired 101 North Tryon building in Uptown Charlotte. The 20-story, Class A office tower is located at the corner of Trade and Tryon streets in the heart of the city’s central business district. BBVA and US Bank provided acquisition financing with Patterson serving as capital advisor.
Patterson Real Estate Advisory Group is pleased to welcome Laura Griffin Cloud who will serve as the new Director of its Nashville office. The attached press release contains further details.
Patterson Real Estate Advisory Group assisted Loudermilk Companies in closing permanent financing for 881 Midtown, a 51,554 SF jewel-box office and retail asset located at the northeast corner of Peachtree Street and 7th Street in the heart of Midtown Atlanta. Financing was through Georgia-based Synovus Bank.
Patterson Real Estate Advisory Group assisted The Flournoy Companies on the recent refinancing of 35 Folly, a 301-unit, class A multifamily project located in the West Ashley submarket of Charleston, South Carolina. Financing was through Metlife Investment Management.
Patterson Real Estate Advisory Group assisted Angelo Gordon in closing acquisition financing with SunTrust Bank for the purchase of Serta Simmons Bedding, LLC’s new 210,000 square foot headquarters building in the Assembly development in Doraville, Georgia.
Lance Patterson and other local real estate experts participated in a recent panel discussion for Biznow with comments on factors that might contribute to the next recession.
Patterson Real Estate Advisory Group assisted Pope & Land with the recent closing of a construction loan through Cadence Bank for the development of the first phase of a 24-acre, mixed-use development known as Northwinds Summit in Atlanta.
Patterson Real Estate Advisory Group arranged a bridge loan for Nine15, a 362-unit, 23-story high-rise, multifamily property located in downtown Tampa, Florida. Carter is the owner and developer of the Project that delivered in 2017. Patterson arranged financing with LoanCore Capital.
Patterson Real Estate Advisory Group arranged construction financing for “The Brunswick,” a 193-unit multifamily project in Historic Downtown Norcross, Georgia under development by Gateway Ventures and Centro Development. Patterson arranged construction financing with Synovus Bank.
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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
615 3rd Avenue S | Suite 606 | Nashville, Tennessee 37210