360 Communities & Rockpoint Secure $38.7M Loan From Western Alliance Bank For Clear Lake Reserve Townhomes

The transaction involves a 199-unit multifamily property located at 11 Ripple Way in Pooler, GA. A loan of $38,700,000 has been secured for this asset, which is positioned within a market that offers extensive amenities and is in proximity to Savannah and Pooler’s retail corridor.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $38,700,000
• Loan Date: 09/22/2025
• Units: 199
• Lender: Western Alliance Bank
• Borrowers: 360 Communities & Rockpoint
• Brokers: Christopher (Chris) Drew, Matthew Putterman & Kenny Cutler - JLL

This financing was arranged by JLL Capital Markets, which facilitated the floating-rate, three-year loan for the Clear Lake Reserve Townhomes. This development is a collaborative effort between the borrowers and a national homebuilder, highlighting the project’s commitment to quality and market presence.