Patterson Real Estate Advisory Group Arranges Senior Debt Construction Financing For 55+ Cottage Development in Holly Springs Georgia
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.
