Curbed Atlanta: Midtown Condo Project
Juniper and 5th venture lands financing for one of Atlanta’s largest new condo communities in ages.
Development wonks have argued for years that Atlanta is starved for condos, as opposed to apartments, and now a developer with a growing presence in the city is preparing to test that assertion in a significant way.
Dezhu US, an Atlanta-based subsidiary of a prominent Chinese developer, has scored a $6 million loan that green-lights a project called Juniper and 5th to move forward with the construction of 150 condominiums in Midtown, a rep tells Curbed Atlanta.
BridgeInvest, a private real estate lender that’s branching into Georgia after success in Florida, provided the land-acquisition capital that’s allowing the five-story building to rise on a 1.8-acre site a block from Peachtree Street.
See full article in Curbed Atlanta.