Patterson Real Estate Advisory Group https://pattersonreag.com Fri, 13 Dec 2024 16:06:17 +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 Ken Grimes & Lance Patterson at ULI South Carolina’s 16th Annual Capital Markets Conference https://pattersonreag.com/ken-grimes-lance-patterson-at-uli-south-carolinas-16th-annual-capital-markets-conference/ https://pattersonreag.com/ken-grimes-lance-patterson-at-uli-south-carolinas-16th-annual-capital-markets-conference/#respond Fri, 13 Dec 2024 16:06:17 +0000 https://pattersonreag.com/?p=22784

We’re proud to highlight Ken Grimes, Senior Managing Director and Partner at Patterson Real Estate Advisory Group, who served as Co-Chair of the ULI South Carolina 16th Annual Capital Markets Conference alongside Katie Blum of East West Partners. Ken not only helped lead this important event, but also delivered the opening remarks, setting the stage for two days of insightful discussions and thought leadership in the capital markets sector.

In addition, Lance Patterson, CEO and Founder of Patterson Real Estate Advisory Group, attended the conference and participated in the session “Capital Confusion 2.0 – Emerging from the Fog: A Capital Markets Discussion.” Lance shared his expertise alongside a distinguished panel of industry leaders: John Cannon, Pinnacle Financial Partners; Robert Niedzwiecki, JP Morgan Investment Management; and Rachel Hunter-Goldman, KKR. Together, they provided valuable perspectives on the evolving landscape of capital markets.

At Patterson, we’re proud to have leaders like Ken and Lance who continue to drive the conversation on real estate and capital markets, shaping the future of the industry.

]]> https://pattersonreag.com/ken-grimes-lance-patterson-at-uli-south-carolinas-16th-annual-capital-markets-conference/feed/ 0 Patterson Arranges Construction Financing For HoM at River Hills in Tampa, FL https://pattersonreag.com/patterson-arranges-construction-financing-for-hom-at-river-hills-in-tampa-fl/ https://pattersonreag.com/patterson-arranges-construction-financing-for-hom-at-river-hills-in-tampa-fl/#respond Fri, 06 Dec 2024 18:43:18 +0000 https://pattersonreag.com/?p=22768 Patterson Real Estate Advisory Group is excited to share the recent closing of HoM at River Hills along Tampa’s Hillsborough River. Thank you to Impact Development Partners for the opportunity to work together on this exciting project!

 

PRESS RELEASE

LINKEDIN POST

]]> https://pattersonreag.com/patterson-arranges-construction-financing-for-hom-at-river-hills-in-tampa-fl/feed/ 0 Patterson Arranges Financing from EB5 Capital For Multifamily Development in Avon, Colorado https://pattersonreag.com/patterson-arranges-financing-from-eb5-capital-for-multifamily-development-in-avon-colorado/ https://pattersonreag.com/patterson-arranges-financing-from-eb5-capital-for-multifamily-development-in-avon-colorado/#respond Thu, 05 Dec 2024 14:07:37 +0000 https://pattersonreag.com/?p=22753 Patterson Real Estate Advisory Group is excited to announce Prime West and Columnar’s closing of preferred equity financing for Traer Creek Apartments, a 242-unit, Class A, podium multifamily development located in Avon, Colorado (Vail Valley). Patterson arranged $73.6 million of preferred equity financing for the project from EB5 Capital.

“Prime West has a 40-year track record of successfully developing projects across the Front Range, and we’re thrilled to begin our first multifamily development in the Vail Valley. Avon and the broader Vail Valley urgently need more multifamily housing, and we are proud to be able to deliver 242 much-needed units in partnership with Columnar Commercial,” said Jim Neenan, CEO of Prime West.

Matthew Omundson, Managing Director and COO of Columnar Commercial, commented, “We are thrilled to be a part of this truly unique development, in an irreplaceable location. This project would not have been possible without the creativity of Barry Olson and the entire team at Patterson.”

PRESS RELEASE

]]> https://pattersonreag.com/patterson-arranges-financing-from-eb5-capital-for-multifamily-development-in-avon-colorado/feed/ 0 Patterson Real Estate Advisory Group Arranges Fee Development Agreement for a Build-To-Rent Community in Hapeville, Georgia https://pattersonreag.com/patterson-real-estate-advisory-group-arranges-fee-development-agreement-for-a-build-to-rent-community-in-hapeville-georgia/ https://pattersonreag.com/patterson-real-estate-advisory-group-arranges-fee-development-agreement-for-a-build-to-rent-community-in-hapeville-georgia/#respond Tue, 03 Dec 2024 14:31:06 +0000 https://pattersonreag.com/?p=22738 Patterson Real Estate Advisory Group is pleased to announce the successful arrangement of a fee development agreement between Maymont Homes and Norhaven Partners for the development of 3335 Dogwood Drive, a 58-unit build-to-rent (BTR) community in Hapeville, Georgia.

Patterson facilitated the deal for Maymont Homes and Norhaven Partners, strategically bringing together these companies for an innovative project that is set to meet the growing demand for high-quality rental housing in the Atlanta metro area. Norhaven Partners will fee develop 3335 Dogwood Drive on behalf of Maymont Homes.

“At Norhaven, we are dedicated to creating thoughtfully designed living spaces that foster community and enhance the quality of life for our residents. Maymont Homes has proven to be a fantastic partner, and I’m thrilled to collaborate with them on this project,” said William Norris, Founding Principal of Norhaven Partners.

PRESS RELEASE

]]> https://pattersonreag.com/patterson-real-estate-advisory-group-arranges-fee-development-agreement-for-a-build-to-rent-community-in-hapeville-georgia/feed/ 0 CONSTRUCTION EQUITY https://pattersonreag.com/construction-equity/ Mon, 02 Dec 2024 19:12:53 +0000 https://pattersonreag.com/?p=22733 .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 EQUITY

RETURN TO ACTIVE ASSIGNMENTS

CONSTRUCTION EQUITY

Construction equity for a 246-unit, Class A, surface-parked multifamily development located in Knoxville, TN.

Laura Cloud
[email protected]
615.410.9815

Dylan Suth
[email protected]
404.504.6679

]]> CONSTRUCTION DEBT & EQUITY https://pattersonreag.com/construction-debt-equity-10/ Mon, 02 Dec 2024 18:38:04 +0000 https://pattersonreag.com/?p=22725 .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

RETURN TO ACTIVE ASSIGNMENTS

CONSTRUCTION DEBT & EQUITY

Construction financing for a three-story, 296-unit, Class A, garden-style multifamily community located in Rincon, Georgia, part of the Savannah MSA.

Ken Grimes
[email protected]
404.504.6685

Laura Cloud
[email protected]
615.410.9815

]]> CONSTRUCTION DEBT & EQUITY https://pattersonreag.com/construction-debt-equity-4/ Mon, 02 Dec 2024 17:43:53 +0000 https://pattersonreag.com/?p=22718 .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

RETURN TO ACTIVE ASSIGNMENTS

CONSTRUCTION DEBT & EQUITY

Construction financing for a 322-unit, Class A, garden-style multifamily development
located just north of Peachtree City in the affluent South Atlanta suburb of Fairburn,
Georgia.

Todd Flaman
[email protected]
404.504.6677

Dylan Suth
[email protected]
404.504.6679

]]> Lance Patterson Serves as Panelist for BisNow’s Atlanta Construction & Development Summit https://pattersonreag.com/lance-patterson-serves-as-panelist-for-bisnows-atlanta-construction-development-summit/ Fri, 22 Nov 2024 13:44:55 +0000 https://pattersonreag.com/?p=22708 Lance Patterson, CEO of Patterson Real Estate Advisory Group, was a panelist at the recent BisNow Atlanta Construction & Development Summit. He served on the Project Financing Outlook panel alongside Jacob Vallo, CIO at Lalani Ventures; Katherine Mosley, Partner at Tribridge Residential; and Anthony Wilcox, Manager of Real Estate Tax at CL (moderator).

The panel explored the current state of commercial real estate capital markets in Atlanta, as well as broader trends and outlooks across the U.S. market.

A big thank you to BisNow for hosting this informative session, and to all the panelists for their valuable contributions!

]]> Patterson Real Estate Advisory Group Secures Debt Financing for Industrial Outdoor Storage Site in Madison, Tennessee https://pattersonreag.com/patterson-real-estate-advisory-group-secures-debt-financing-for-industrial-outdoor-storage-site-in-madison-tennessee/ Thu, 21 Nov 2024 15:09:07 +0000 https://pattersonreag.com/?p=22699 We are thrilled to share that Albany Road Real Estate Partners has successfully secured financing for their latest industrial outdoor storage property in Madison, TN, with the support of Wintrust Bank. Patterson Real Estate Advisory Group is proud to have assisted Albany Road with this capital raise.

Scott Cloud Managing Partner at Albany Road, commented:

“We are pleased to have secured financing through Wintrust Bank for this strategic property. Madison, TN stands out as a prime in-fill industrial submarket, boasting exceptional access to major interstates like I-65, I-24, and I-40. Coupled with Pioneer Coach’s tenancy, this asset represents a valuable addition to our portfolio.”

We are appreciative of our continued partnership with Albany Road and look forward to supporting their future endeavors in the industrial real estate sector.

 

Press Release

]]> 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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