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Perennial Properties Comes Back with $90M Refi for Atlanta Multifamily
Cushman & Wakefield has arranged $90 million in refinancing on behalf of Perennial Properties, Inc., for Arya Peachtree, a 282-unit multifamily property in Atlanta.
Mike Ryan, Brian Linnihan, Blake Cohen, Richard Henry and Taylor Crowder of Cushman & Wakefield secured the refinancing loan.
“Peachtree Street has seen tremendous demand over the past several years, sparked by the expansion and development happening in the area, including the recent multi-million-dollar renovation/expansion of Piedmont Hospital in the property’s immediate neighborhood,” said Ryan. “Arya Peachtree as a result is very well positioned to capture increased leasing demand as Atlanta gradually continues its post-pandemic reopening.”
Arya Peachtree is a newly constructed, 12-story Class A space with 16,346 square feet of office and retail on the first two floors and access to two of Atlanta’s largest commercial and employment hubs, Buckhead and Midtown.
- ◦Financing
