Atlanta & Southeast News In Your Inbox

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


Atlanta & Southeast  + Student Housing  | 

Meridian Capital Secures $35M Refinancing for Kennesaw MF Property

Meridian Capital Group has arranged a $34.6 million cash-out refinance for the Greenhouse Apartments, a 489-unit multifamily property in Kennesaw, GA.

Located at 3885 George Busbee Parkway, the property consists of 489 one-, two-, and three-bedroom apartments featuring high ceilings, walk-in closets, central heat and air, in-unit washers and dryers, and patios and balconies. Amenities include swimming pools, tennis courts, a fitness center, clubhouse and playground. The property is also located within walking distance of Kennesaw State University, which has an annual student population of 35,600.

Seth Grossman and Sarah Kuebler of Meridian’s Southern California offices secured the 12-year Fannie Mae financing on behalf of the undisclosed borrower through lender Capital One Agency Finance. Terms of the financing included a 2.61% rate with full-term interest-only payments.

Subscribe to Connect Daily National

For comments, questions or concerns, please contact David Cohen


Inside The Story

Connect With Meridian Capital GroupConnect With Capital One Agency Finance

About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

New call-to-action