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25 Hill Street

The Atlantic Cos. Secures $61 Million Refinance Loan From SouthState Bank For Hillrose Market Project In Roswell GA
FINANCEDDevelopment Site

The Atlantic Cos. Secures $61 Million Refinance Loan From SouthState Bank For Hillrose Market Project In Roswell GA

25 Hill Street

$61,000,000

$3,388/SF

Building Size

18,000 SF

Asset Type

Development Site

Closing

Mar 2, 2026

AI

The asset involved in the transaction is a development site located at 25 Hill Street in Roswell, GA. The property encompasses a total of 18,000 square feet and is being developed as part of a $140 million mixed-use project on a 7-acre site, which is the former local police headquarters.

Summary of transation details:

  • Property Type: Development Site
  • Transaction Amount: $61,000,000
  • Lender: Southstate Bank
  • Landlord: The Atlantic Cos.
  • Loan Type: Refinance
  • Loan Date: 03/02/2026

In this transaction, The Atlantic Cos. secured a loan from Southstate Bank, which will facilitate the commencement of construction activities on the proposed Hillrose Market project, enhancing the facilities in the Roswell area.

Players

Southstate Bank
Southstate BankLender
Atlantic Companies
Atlantic CompaniesLandlord

Roswell Development Site Market Snapshot

Boundary boundary · Development Site · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.26%

Cash-on-Cash

-0.07%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93