Cushman & Wakefield has secured acquisition financing for 17th Street Lofts in Atlanta on behalf of CF Real Estate Services. Michael Ryan, Brian Linnihan, Richard Henry and Blake Cohen of Cushman & Wakefield secured the three-year, floating-rate loan from Heitman.
The loan will be used to convert some of the units at 17th Street Lofts into condos, while the remaining units will be retained as for-rent apartments. The property, located at 260 17th Street within Atlantic Station, currently offers two- and three-bedroom loft-style apartments featuring stainless-steel appliances, granite countertops and hardwood floors that offer views of the Atlanta skyline.
In the past five years, Cushman & Wakefield’s Equity, Debt & Structured Finance practice has financed over 1,200 transactions valued at over $40 billion. For more information on Cushman & Wakefield’s Equity, Debt & Structured Finance Practice, visit our website.