Acquisition Financing to be Used for Condo Conversion at 17th Street Lofts

Cushman & Wakefield has secured acquisition financing for 17th Street Lofts in Atlanta on behalf of CF Real Estate Services. Michael Ryan, Brian Linnihan, Richard Henry and Blake Cohen of Cushman & Wakefield secured the three-year, floating-rate loan from Heitman.

The loan will be used to convert some of theunits at 17th Street Lofts into condos, while the remaining units will be retained as for-rent apartments. The property, located at 260 17th Street within Atlantic Station, currently offers two- and three-bedroom loft-style apartments featuring stainless-steel appliances, granite countertops and hardwood floors that offer views of the Atlanta skyline.

In the past five years, Cushman & Wakefield’s Equity, Debt & Structured Finance practice has financed over 1,200 transactions valued at over $40 billion. For more information on Cushman & Wakefield’s Equity, Debt & Structured Finance Practice, visit our website.

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value 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, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.