Monday, July 1, 2013

OliverMcMillan Secures $167 million Construction Loan for Buckhead Atlanta


Buckhead Atlanta rendering, Atlanta, GA

ATLANTA, GA (July 1, 2013) – San Diego-based developer OliverMcMillan has secured a $167 million syndicated construction loan, led by PNC Capital Markets, LLC, to finance construction on Buckhead Atlanta, the luxury retail, residential and office development located in the heart of Atlanta’s upscale Buckhead neighborhood.

Morgan Dene Oliver
The loan will cover the full construction of the six-block, 8-acre complex. Five lenders are involved, including PNC Bank, N.A., CIT Finance LLC, Compass Bank, Regions Bank, and SunTrust Banks.

 “We are so pleased to continue to move forward with great momentum,” said Morgan Dene Oliver, chief executive officer of OliverMcMillan. “We’re extremely thankful to all of the talented individuals who have helped us to get to this point in realizing our vision for this world-class mixed-use project.”

For a complete copy of the company’s news release, please contact:

Rachel Tobin                         
Jackson Spalding                                
404-724-2501 work
404-276-5930 cell                                              


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