Cushman & Wakefield Secures $37.8M Construction Loan for GJ Enterprises Acquisitions

6/4/18

Vue at the Quarter to be Developed in Fulton County

Cushman & Wakefield secured $37.8 million in construction financing for a new 271-unit apartment community, Vue at the Quarter, to be developed in Atlanta’s Upper Westside submarket. Mike Ryan, Brian Linnihan, Richard Henry and Blake Cohen of Cushman & Wakefield were engaged by GJ Enterprises Acquisitions to finance the project.

The construction financing includes a $32.8 million senior loan provided by Ameris Bank and $5 million in preferred equity investment from RSE Capital Partners. The property, located at 2048 Bolton Drive NW, totals 359,000 rentable square feet, and will include five four- and five-story buildings. Completion is slated for May 2020.

In the past five years, Cushman & Wakefield’s Equity, Debt & Structured Finance practice has financed over 200 deals valued at over $28 billion. For more information on Cushman & Wakefield’s Equity, Debt & Structured Finance Practice, visit our website.

About Cushman & Wakefield

Cushman & Wakefield is a leading global real estate services firm that delivers exceptional value by putting ideas into action for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with 48,000 employees in approximately 400 offices and 70 countries. In 2017, the firm had revenue of $6.9 billion across core services of property, facilities and project management, leasing, capital markets, advisory and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.

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