According to a company official, Southport Financial Services,which owns affordable urban housing in many of the country'scities, will use the funding to carry out a major renovation onGeorgia King Village. No timetable for the project has beenannounced.

The financing was obtained from Related Capital Co. and fromCharter Municipal Mortgage Acceptance Co., an affiliate of Related.Terms of the financing were not disclosed.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.