Georgia – Patterson Real Estate Advisory Group https://pattersonreag.com Tue, 12 Aug 2025 13:27:41 +0000 en-US hourly 1 https://pattersonreag.com/wp-content/uploads/2017/10/cropped-Patterson_Compass_color-32x32.jpg Georgia – Patterson Real Estate Advisory Group https://pattersonreag.com 32 32 Patterson Arranges Senior Construction Loan & Equity Financing for Drew Valley Townhomes in Brookhaven, GA https://pattersonreag.com/patterson-arranges-senior-construction-loan-equity-financing-for-drew-valley-townhomes-in-brookhaven-ga/ Tue, 12 Aug 2025 13:27:41 +0000 https://pattersonreag.com/?p=23789

Patterson Real Estate Advisory Group is pleased to announce the recent closing of Drew Valley Townhomes, a 43-unit, luxury for-sale townhome development located on a 2.5-acre site on Drew Valley Road in Brookhaven, GA.

Patterson served as the capital advisor to Milepost Development, arranging the senior loan with Cadence Bank and the equity investment with Toccoa Capital Management.

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Patterson Announces Promotion of Walker Saint and Welcomes New Team Members Kathryn Obrecht and Keene Cornick https://pattersonreag.com/patterson-announces-promotion-of-walker-saint-and-welcomes-new-team-members-kathryn-obrecht-and-keene-cornick/ Tue, 15 Jul 2025 14:12:27 +0000 https://pattersonreag.com/?p=23393 Patterson Real Estate Advisory Group is pleased to announce the promotion of Walker Saint to Senior Analyst and welcome Atlanta-based team members Kathryn Obrecht and Keene Cornick.

“We are thrilled to have both Kathryn and Keene join our team.” Said Laura Friddell, Patterson Managing Director. “We know that they will contribute tremendous value, just like Walker has in his time here. Walker’s promotion is well-deserved, and we look forward to his continued growth within our firm.”

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Patterson Arranges Financing for West Midtown Atlanta Hotel https://pattersonreag.com/patterson-arranges-financing-for-west-midtown-atlanta-hotel/ Tue, 03 Jun 2025 13:11:08 +0000 https://pattersonreag.com/?p=23269

Patterson Real Estate Advisory Group  is pleased to announce the successful refinancing of Bellyard, West Midtown Atlanta (“Bellyard” or “Hotel”), a 161-key Marriott Tribute Portfolio hotel named Travel + Leisure’s #1 city hotel in Georgia in 2024 and #5 in the Continental U.S. The new loan was provided by LoanCore Capital, a leading institutional real estate finance firm. Patterson served as the exclusive capital advisor to Bellyard Partners, LLC, the Hotel’s owner.

“This refinancing is an important step in the evolution of the Hotel,” said Stephen Polhill, Principal at Bellyard Partners, LLC. “It validates our belief in the long-term value of West Midtown and the Marriott Tribute Portfolio brand. Patterson was instrumental in guiding us through the capital markets process, and we’re grateful for the collaboration with LoanCore.”

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Patterson Sources Financing for the Refinance of an Adaptive Reuse Retail and Office Property in Atlanta GA https://pattersonreag.com/patterson-sources-financing-for-the-refinance-of-an-adaptive-reuse-retail-and-office-property-in-atlanta-ga/ Tue, 06 May 2025 13:39:54 +0000 https://pattersonreag.com/?p=23211

Patterson Real Estate Advisory Group is pleased to announce the successful refinancing of Old Highland Bakery, a two-building, 51,000-square-foot adaptive reuse retail and office redevelopment in Atlanta, GA. Ameris Bank provided the loan, with Patterson serving as exclusive capital advisor to Vantage Realty Partners and Braden Fellman Group.

“We are grateful for the opportunity to work with the Vantage and Braden Fellman teams on this historic, neighborhood retail project,” said Bill Mealor, Co-Managing Partner at Patterson. “Vantage and Braden Fellman did an exceptional job revitalizing and repurposing these older buildings which have been part of the fabric of the neighborhood for years. Partnering with a local bank like Ameris made for an easy execution with bankers who understand the strength of the location and draw of the building’s tenancy.”

 

 

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Patterson Real Estate Advisory Group – Recent Transactions Spring 2025 https://pattersonreag.com/patterson-real-estate-advisory-group-recent-transactions-spring-2025/ Thu, 01 May 2025 12:54:56 +0000 https://pattersonreag.com/?p=23202

Recent Transactions

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Chance Gordon Serves as Panelist for UGA’s Terry College of Business Young Alumni Panel https://pattersonreag.com/chance-gordon-serves-as-panelist-for-ugas-terry-college-of-business-young-alumni-panel/ Tue, 22 Apr 2025 13:52:10 +0000 https://pattersonreag.com/?p=23130

Last week, Chance Gordon represented Patterson Real Estate Advisory Group on the Young Alumni Panel at University of Georgia – Terry College of Business.

He shared insights on starting a career in commercial real estate, reflected on his Terry experience, and offered valuable advice to students preparing to enter the industry.

At Patterson, we encourage our team to stay engaged with their alma maters, and we’re proud of Chance for sharing his experience and helping guide the next generation of commercial real estate leaders.

]]> Patterson Appoints Bill Mealor and Todd Flaman as Co-Managing Partners https://pattersonreag.com/patterson-appoints-bill-mealor-and-todd-flaman-as-co-managing-partners/ Thu, 06 Feb 2025 15:00:10 +0000 https://pattersonreag.com/?p=22939  

Patterson Real Estate Advisory Group is pleased to announce the promotions of Bill Mealor and Todd Flaman to the position of Co-Managing Partners.

“We are thrilled to announce Bill and Todd as Co-Managing Partners,” said Lance Patterson, the firm’s founder and CEO. “Both have demonstrated exceptional leadership and have been instrumental in shaping the firm’s success over the years. Their promotion reflects our confidence in their abilities to help me guide the firm into its next phase of growth and to continue delivering outstanding value to our clients. I look forward to working with them in their new roles.”

PRESS RELEASE

BISNOW

 

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Patterson Announces Promotions of Laura Friddell to Managing Director and Bennett Souter to Associate https://pattersonreag.com/patterson-announces-promotions-of-laura-friddell-to-managing-director-and-bennett-souter-to-associate/ Thu, 30 Jan 2025 16:15:05 +0000 https://pattersonreag.com/?p=22902  

Patterson Real Estate Advisory Group is excited to announce the promotions of Laura Friddell to Managing Director and Bennett Souter to Associate.

Since joining in 2015, Laura has played a key role in the company, raising over $3 billion in financing, and helping clients with strategic advice. Her hard work and leadership have been instrumental in our success, and we’re thrilled to see her step into the Managing Director role.

Bennett, who came on board in 2023, has already made an impact with his hard work and enthusiasm. As an Associate, he’ll take on more responsibility in underwriting investments and developments and work more directly with clients and capital.

We look forward to seeing both continue to grow and succeed!

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Patterson Arranges Floating Rate Loan on Newly Built and Fully Leased Multifamily Asset in Brookhaven, GA https://pattersonreag.com/patterson-arranges-floating-rate-loan-on-newly-built-and-fully-leased-multifamily-asset-in-brookhaven-ga/ Wed, 08 Jan 2025 22:13:43 +0000 https://pattersonreag.com/?p=22798 Patterson Real Estate Advisory Group is pleased to have assisted in arranging refinancing for Alta Porter on Peachtree, a 291-unit, Class A mid-rise multifamily property in Brookhaven, GA. Delivered in August 2023, Alta Porter on Peachtree was over 95% occupied at the time of closing. KKR provided the floating rate loan for the property

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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/ 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.

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