ATLANTA - Cushman & Wakefield (NYSE: CWK) announced that the commercial real estate services firm has arranged $90 million in refinancing on behalf of Perennial Properties, Inc. for Arya Peachtree, a 282-unit multifamily property located at 1777 Peachtree St. NE in Atlanta.
Mike Ryan, Brian Linnihan, Blake Cohen, Richard Henry and Taylor Crowder of Cushman & Wakefield’s Capital Markets team secured the refinancing loan.
“Peachtree St. 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, Vice Chair at Cushman & Wakefield. “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.
Cushman & Wakefield Arranges $90M Refinancing Loan for Multifamily Property in Atlanta
Jade Hubbard • 4/20/2022
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2023, the firm reported revenue of $9.5 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), sustainability and more. For additional information, visit www.cushmanwakefield.com.
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2023, the firm reported revenue of $9.5 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), sustainability and more. For additional information, visit www.cushmanwakefield.com.