Patterson Arranges Construction Financing for Multifamily Development in Jacksonville, FL

/by

 

Ventures Development Group and Batson-Cook Development Company, with the assistance of its capital advisor Patterson Real Estate Advisory Group, closed construction financing for Southbank Urban Residences, a 185-unit waterfront multifamily development located along the St. John’s River in the heart of the thriving San Marco neighborhood of Jacksonville, Florida. Patterson arranged the construction loan with Cadence Bank, in addition to the placement of a preferred equity investment provided by a Central Ohio-based Insurance Company.

ARTICLE

 

You might also like
A rendering of the building with trees in front. Patterson Arranges Debt Financing for Serta Simmons Headquarters Facility in Doraville, GA
Patterson Real Estate Advisory Group Arranges Fee Development Agreement for a Build-To-Rent Community in Hapeville, Georgia
A rendering of the building in which the project is being built. Patterson Arranges Financing for Construction of 276-unit Multifamily Development in St. Johns, FL
A rendering of the building with trees in front. Patterson Arranges Financing for 67.5 Acre Mixed-Use Project in Gwinnett County, GA
A rendering of the building with trees in front. Patterson Secures Construction Debt for Eastern Wharf Development in Savannah
A rendering of the building with trees in front. Patterson Arranges Financing for Student Housing Development in Atlanta