GBT Secures $88M Construction Loan for Charleston Multifamily
Brentwood, TN-based GBT Realty Corporation has secured $88 million to build the latest housing development in Carnes Crossroads, a 2300-acre master-planned development near Charleston. GBT’s The Village at Carnes Crossroads will include 306 multifamily homes and more than 11,000 square feet of retail.
GBT acquired the 11.82-acre site earlier this month from Carnes Crossroads Association. JLL Capital Markets arranged construction financing with Bank of America and Meta Real Estate Partners. JLL’s Managing Directors Matt Stewart and Chip Sykes, and Director Wyatt Strahan represented GBT Realty.
The studio, one-, two- and three-bedroom units have upscale finishes, with community amenities including separate large- and small-breed dog parks, resort-style saltwater pool, outdoor kitchen on a community lawn, club room with catering kitchen and golf stimulator, state-of-the-art fitness complex and a co-working center.
The development team includes Atlanta-based Dynamik Design, civil engineers Thomas & Hutton and general contractor Samet Corporation.
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.