
Atlas Real Estate Partners Close $41M Build Loan for Class A Multifamily in Atlanta
Atlas Real Estate Partners has closed on a $41-million construction loan with Santander Bank for The Hawkins, a Class A mixed-use multifamily community located in Atlanta, GA’s Chamblee neighborhood.
The Hawkins is the second of three deals between FIDES Development and Atlas Real Estate Partners, a multifamily-focused private investment and development firm. The Hawkins construction loan was arranged by Michael Diaz, Keith Kurland and Sean Reimer of Walker & Dunlop.
“The Hawkins complements our existing Opportunity Zone development platform perfectly,” said Alex Foster, co-founder of Atlas Real Estate Partners. “Chamblee has tripled in growth over the past decade and is poised for even more growth in the coming years due to its neighborhood charm and prime location.”
The property consists of 192 units plus fitness center, co-working space, pet spa and dog park, community room integrated with an activated pool courtyard, bike room and rooftop sky lounge.