Patterson Real Estate Advisory Group https://pattersonreag.com Wed, 23 Oct 2024 14:23:02 +0000 en-US hourly 1 https://pattersonreag.com/wp-content/uploads/2017/10/cropped-Patterson_Compass_color-32x32.jpg Patterson Real Estate Advisory Group https://pattersonreag.com 32 32 Dylan Suth Serves as Panelist for University of West Georgia’s Wolves of Wall Street event https://pattersonreag.com/dylan-suth-serves-as-panelist-for-university-of-west-georgias-wolves-of-wall-street-event/ Wed, 23 Oct 2024 12:56:55 +0000 https://pattersonreag.com/?p=22675 Dylan Suth, Associate Director at Patterson Real Estate Advisory Group, recently participated in the University of West Georgia’s Wolves of Wall Street event. The event brought together industry leaders to discuss key financial concepts, including power and infrastructure investment, the banking sector, private credit, fixed income trading, and the future of AI. Dylan focused on the latest trends in mixed-use developments and the data center space, offering students insights into emerging trends as well as the challenges and opportunities in the commercial real estate sector.

The panel also featured Kevin Blair, CEO of Synovus Bank; Keats Baldwin, Executive Director at JP Morgan; Alan McKnight, CIO at Regions Bank; William Crawford, CEO of Pacolet Milliken; and David Mayo, Head of Fixed Income at Security Capital. The event provided students with insights into various career paths, emerging trends, and the challenges and opportunities in the financial services industry from a diverse set of perspectives.

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Patterson Real Estate Advisory Group Sources Construction Financing For Multifamily Community in Charlottesville Virginia https://pattersonreag.com/patterson-real-estate-advisory-group-sources-construction-financing-for-multifamily-community-in-charlottesville-virginia/ Mon, 07 Oct 2024 12:40:45 +0000 https://pattersonreag.com/?p=22604 Madison Capital Group and Inlet Property Company, with the assistance of Patterson Real Estate Advisory Group, have closed construction financing for Madison Charlottesville – a ±4-acre, 86-unit multifamily community strategically located in Charlottesville, VA. Longline Financial provided the senior loan financing for the Project.

This latest venture comes on the heels of MCG’s success with the development of The Hudson, which is also located in Charlottesville and boasts some of the submarket’s strongest metrics. Madison Capital Group’s CEO, Ryan Hanks, commented, “We are excited to continue our activity in Charlottesville with this new residential offering, poised to enhance the local housing landscape.”

Jeremy Herman, Director at Longline, was enthused with the opportunity – “We are thrilled to partner with Madison Capital Group and Inlet Property Company. This new collaboration marks an exciting opportunity to support innovative housing solutions in Charlottesville.” Patterson’s Austin Smith added, “Excellent execution by all involved. The Project will be a welcomed addition to the neighborhood, catering to much-needed market-rate housing.”

PRESS RELEASE

CITYBIZ ARTICLE

 

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Patterson Real Estate Advisory Group Arranges Senior Debt Construction Financing For 55+ Cottage Development in Holly Springs Georgia https://pattersonreag.com/patterson-real-estate-advisory-group-arranges-senior-debt-construction-financing-for-55-cottage-development-in-holly-springs-georgia/ Fri, 27 Sep 2024 14:01:18 +0000 https://pattersonreag.com/?p=22541 OneStreet Residential, with the assistance of its capital advisor, Patterson Real Estate Advisory Group, successfully closed construction financing for Hayloft Cottages – Holly Springs, a 115-unit, Class A age-restricted (55+), cottage development in Holly Springs, GA. Patterson arranged the construction loan with a local, midsize bank.

Thurston Cooke, Managing Partner and CFO at OneStreet Residential, noted, “Holly Springs is an excellent market to be developing in – we are excited to deliver our Hayloft Cottages community which aligns with the area’s growing demand.”

“It was a pleasure working with the OneStreet team as they continue to grow their active adult, cottage-style portfolio. Their thoughtful approach to design, construction and the overall development process will be evident throughout the finished product. We are appreciative for this great relationship and look forward to seeing the completed units.” said Bill Mealor, Senior Managing Director at Patterson.

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East West Partners and Holder Begin on Dwellings at Nowell Creek in Daniel Island South Carolina https://pattersonreag.com/east-west-partners-and-holder-begin-on-dwellings-at-nowell-creek-in-daniel-island-south-carolina/ Thu, 26 Sep 2024 20:20:09 +0000 https://pattersonreag.com/?p=22547 We’re excited to see the great progress from our friends at East West Partners and Holder…Delivery in time for the 2025 spring leasing season, get on the wait list now!

 

CHARLESTON BUSINESS JOURNAL

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Welcoming Our Fall 2024 Intern, Dream Nelson! https://pattersonreag.com/welcoming-our-fall-2024-intern-dream-nelson/ Mon, 23 Sep 2024 14:54:03 +0000 https://pattersonreag.com/?p=22445 Patterson Real Estate Advisory Group is pleased to announce the addition of our fall 2024 intern, Dream Nelson. A senior at Georgia State University, Dream is pursuing her Bachelor of Business Administration with a focus on real estate and finance. Her primary interest is in commercial real estate, specifically in asset management and development.

During her internship, Dream aims to deepen her understanding of capital markets, loan structures, and financial modeling. “I’m excited for my fall internship with Patterson,” Dream shared. “The leadership, industry expertise, and commitment to mentorship create an exceptional environment for growth. I’m eager to learn and contribute to such a dynamic team.”

Join us in welcoming Dream to Patterson Real Estate Advisory Group!

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Patterson Real Estate Advisory Group Sources Construction Financing for a Multifamily Development in Davenport Florida https://pattersonreag.com/patterson-real-estate-advisory-group-sources-construction-financing-for-a-multifamily-development-in-davenport-florida/ Wed, 11 Sep 2024 12:46:51 +0000 https://pattersonreag.com/?p=22182 Red Clay Development Partners and Atlantic Residential, with the assistance of their capital advisor, Patterson Real Estate Advisory Group, successfully closed construction financing for LUMEN | Legacy Park, a 219-unit, Class A multifamily development in Davenport, FL, within the Orlando MSA. he construction financing was provided by Trustmark National Bank and BankUnited.

“We are thrilled to have secured financing for LUMEN | Legacy Park and are eager to begin construction on this exciting project,” said Harris Carlock, Principal at Red Clay Development Partners. “This development represents our second in partnership with Atlantic Residential and we look forward to delivering another quality community to the Davenport market.”

PRESS RELEASE

CONNECT CRE ARTICLE

REBUSINESS ONLINE ARTICLE

 

 

 

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CONSTRUCTION DEBT & EQUITY https://pattersonreag.com/construction-debt-equity-9/ Tue, 10 Sep 2024 17:22:40 +0000 https://pattersonreag.com/?p=22239 .avia-section.av-rwpfbp-9551b170f7eb5c9ff4979c79ab0f10b4 .av-parallax .av-parallax-inner{ background-repeat:no-repeat; background-image:url(https://pattersonreag.com/wp-content/uploads/2017/10/WhiteBuilding3.png); background-position:50% 50%; background-attachment:scroll; }

CONSTRUCTION DEBT & EQUITY

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CONSTRUCTION DEBT & EQUITY

Construction debt & equity for the development of a high-rise, ±330-unit, Class A apartment development located in downtown St. Petersburg, FL. The project will also feature a five-level parking deck and retail space on the main level.

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CONSTRUCTION DEBT

Construction debt for the development of a 128-unit luxury multifamily development on Daniel Island, SC. The project is located along the Wando River on the last major developable parcel within the 4,000-acre, master-planned community of Daniel Island.

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CONSTRUCTION EQUITY

Construction Equity for a 316-unit-3,718 SF multifamily/mixed-use development in Miami, FL.

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A rendering of an industrial area with buildings.

CONSTRUCTION DEBT & EQUITY

Construction Debt & Equity for the development  of a Class A, 45,548 SF industrial/flex property in Murfreesboro, TN.

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