Morning Calm Office Finance Provides $59M Refinance Loan For 8West Office Project In Atlanta
889 Howell Mill Road
193,000 SF
Summary
The Atlantic Companies has secured a $59 million loan from Morning Calm Office Finance to refinance the construction loan for 8West, an office project located at 889 Howell Mill Road in West Midtown Atlanta. The property spans a total of 193,000 square feet and is categorized as an office asset. The loan was provided by Morning Calm Office Finance, a joint venture between Morning Calm Management and a global investment manager.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $59,000,000
- Address: 889 Howell Mill Road
- Market: Atlanta, GA
Mukang Cho, representing Morning Calm Office Finance, acted as the lender in this refinancing deal. Meanwhile, Jim Meyer, affiliated with The Atlantic Companies, served as the landlord. The loan provided by Morning Calm Office Finance will enable The Atlantic Companies to transition from the construction phase to the operational phase of 8West. This transaction showcases the collaboration between Morning Calm Management and a global investment manager in supporting The Atlantic Companies' office project in West Midtown Atlanta.
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