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$167M of Construction Financing Lined up for Atlanta Mixed-Use Development

July 01, 2013

CommercialRealEstateDirect.com

OliverMcMillan has lined up $167 million of construction financing for Buckhead Atlanta, a $1 billion mixed-use project in downtown Atlanta. The San Diego developer is building the property on eight acres at Peachtree Street and West Pace Ferry Road. HFF arranged the financing, which was provided by a group of lenders that included PNC Bank,Regions Bank, Compass Bank and SunTrust Bank. Buckhead Atlanta is expected to include 370 apartment units, some 300,000 square feet of retail space and about 100,000 sf of boutique office space.