CBRE Secures $68M for The Sinclair at Callaway Farm
CBRE Capital Markets’ Debt & Structured Finance team has secured $68 million in construction financing and preferred equity investment for the development of The Sinclair at Callaway Farm, a 388-unit, luxury multifamily community in the Atlanta suburb of Covington.
CBRE originated the financing on behalf of the Brook Farm Group, who is co-developing the Property with Emory Equity. Construction financing was provided by First Horizon Bank with Trustmark Bank as a participant in the loan, while SilverCap Partners made a preferred equity investment in the project. The Project is scheduled to begin construction in the next few months.
CBRE’s New York based Debt & Structured Finance team of Shawn Rosenthal, Jason Gaccione and Jake Salkovitz facilitated the financing on behalf of the borrower.
The development will have distinct “Town” and “Country” neighborhoods, 11 residential buildings, clubhouse, resort style pool, fitness center and co-working space adjacent toCovington Town Center mixed-use development.
Angela Noote is a native of Northern California and graduated from Chico State with a degree in public relations. After college she moved to the Central Coast and worked first in ad sales then in editorial, eventually spending more than a decade as a print reporter and editor. She detoured into design work at a printer/publisher, and with a partner eventually opened a boutique full-service marketing agency. Moving into corporate communications, she built and managed several successful marketing teams in the hospitality, financial services, and nonprofit industries. Most recently she was an internal comms manager in the tech sector. After a long stint spent in Georgia (Go Dawgs), she moved to Baton Rouge, LA and has written for clients in the financial, luxury imports, higher ed, commercial cleaning, and medical equipment industries. Her son is a media arts major at the University of South Carolina, and her husband owns a comedy theater in Baton Rouge, where you can often find Angi teaching improv classes, leading corporate training events, or doing an occasional stand up set.