CP Group And Rialto Capital Management Secure $56.4 Million Loan From Peachtree Group For Atlanta Redevelopment

The asset involved in this transaction is a mixed-use property located at 190 Marietta Street Northwest in Atlanta, GA. The property has a total square footage of 1,200,000 and is undergoing redevelopment to include various uses such as retail, office, hotel, and residential spaces.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $54,600,000
• Lender: Jared Schlosser - Peachtree Group
• Landlord: CP Group; Jeff Krasnoff - Rialto Capital Management
• Loan Terms: 30-year

A joint venture between CP Group and Rialto Capital Management secured the financing from Peachtree Group to support energy-efficient upgrades as the property is repositioned into a mixed-use campus.