Woodfield Development Secures $47M Loan From ACRE For Union Green Multifamily In Atlanta GA
Georgia
See Similar DealsWoodfield Development Secures $47M Loan From ACRE For Union Green Multifamily In Atlanta GA
4980 Stonewall Tell Road
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The asset involved in the transaction is the Union Green apartment complex located at 4980 Stonewall Tell Road, Atlanta, GA. This multi-family property comprises 295 units distributed across two four-story buildings. The complex includes various amenities, such as a pool, fitness center, and EV charging stations. The financing secured for this property amounts to $47 million and is categorized as floating-rate financing.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $47,000,000
- Address: 4980 Stonewall Tell Road
- Market: Atlanta, GA
- Lender: ACRE
- Landlord: Woodfield Development
- Broker: Walker & Dunlop
This transaction was orchestrated by Walker & Dunlop, representing Woodfield Development. The apartment complex was completed in the previous year and serves as a part of Woodfield Development's portfolio in Union City, GA.
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