Bayline Group Secures $60.8 Million Loan For Mosaic Pooler Development Site In Pooler, GA

The property asset involved in this transaction is a development site located at 800 High Street, Pooler, GA, designed to house a 333-unit residential development. This project is being financed through a construction loan of $60,800,000. Completion of the development is anticipated for May 2026, and it will feature extensive amenities tailored for residents.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $60,800,000
• Lender: FCP & Bank OZK
• Landlord: Bayline Group
• Loan Type: Construction

The key individuals involved in this deal include Mitch Sinberg, Scott Wadler, Bryan Brown, Robert (Bob) Falese, and Jake Adoni, who are all representatives from Berkadia. This group played a crucial role in securing the financing necessary for Mosaic Pooler, facilitating the collaboration between Bank OZK and FCP for this significant project.