Greystone Monticello Refis Buckhead Multifamily for $68M
Greystone Monticello provided a $60.25 million bridge loan and an $8 million mezzanine loan to refinance The Irby, a Class-A multifamily property in the Buckhead submarket of Atlanta, GA. It is owned by an affiliate of Lone Star Funds, a private equity enterprise. The financing was originated by Greystone Commercial Capital, a division at Greystone that focuses on institutional structured lending.
Developed in 2020, The Irby is 12 stories high with 277 residential units (studio, 1-bedroom, and 2-bedroom layouts), 15,000 square feet of retail, and 132 parking spaces. Amenities at the property include a resort-style saltwater pool, elevated courtyard with fire pit and grilling station, private cabanas, 24-hour athletic club and yoga studio, complimentary wine on-tap, sauna, media and game room, on-site pet spa, bike room and repair station, Peloton bikes, high-rise lookout terrace, 24/7 concierge, a curated art program, and more.
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.