Doraville’s huge Assembly project gets new financing
The master developer of Doraville’s former General Motors auto plant is refinancing a $40 million loan with a new lender and for a higher amount.
Atlanta’s Integral Group is leading the redevelopment of the approximate 160-acre former GM plant now known as Assembly into a $2 billion mixed-use, transit-oriented development. In 2018, the company received a $40 million loan with AFF II Assembly, a subsidiary of Atlanta-based the Ardent Companies. Now Integral Group is refinancing with a new two-year, $43 million loan from BI 53 LLC, a subsidiary of Miami-based BridgeInvest.
See the full article on Atlanta Business Chronicle.