Real estate investment platform RealtyMogul opened the pledging window for a Class A multifamily development in the Atlanta metropolitan statistical area (MSA).
Advenir at Mallory Lake is the ground-up development of a 300-unit garden-style apartment community. Site construction is underway with foundation slabs being poured and wood framing being built. With the construction loan closed, the development is expected to be stabilized in September 2025. Project sponsor Advenir has achieved a favorable basis cost for the project — a 30% discount compared to established sales comps in the area.
The Class A multifamily community will offer tenants resort-style amenities and modern interior finishes. Each interior will feature granite countertops, stainless steel appliances and luxury plank flooring with a select number of units ...
Full story available on Benzinga.com
Continue reading...
Advenir at Mallory Lake is the ground-up development of a 300-unit garden-style apartment community. Site construction is underway with foundation slabs being poured and wood framing being built. With the construction loan closed, the development is expected to be stabilized in September 2025. Project sponsor Advenir has achieved a favorable basis cost for the project — a 30% discount compared to established sales comps in the area.
The Class A multifamily community will offer tenants resort-style amenities and modern interior finishes. Each interior will feature granite countertops, stainless steel appliances and luxury plank flooring with a select number of units ...
Full story available on Benzinga.com
Continue reading...