Synovus Provides $75M Refinance Loan For Multifamily Portfolio In Atlanta And Louisville

The multifamily property located at 1991 Delowe Drive SW, 26 Bouldercrest Lane SE, and 3237 Utah Avenue has undergone a refinancing transaction. The property consists of 1,154 units and is situated in Atlanta and Louisville, Kentucky.

Summary of Transaction Details:

• Property Type: Multifamily
• Transaction Amount: $75,000,000
• Lender: Synovus
• Landlord: Middleburg Communities
• Brokers: Blake Cohen, Mike Ryan & JP Cordeiro - Cushman & Wakefield
• Loan Type: Refinance
• Loan Terms: Two-year loan

The refinancing deal for the multifamily property at 1991 Delowe Drive SW, 26 Bouldercrest Lane SE, and 3237 Utah Avenue was facilitated by Synovus. Middleburg Communities serves as the landlord for the property, and the brokers involved in the deal were Blake Cohen, Mike Ryan, and JP Cordeiro from Cushman & Wakefield.