
SAVANNAH, GA-Batson-Cook Development Co. and Cortland Partners have broken ground on a $35-million multifamily project in Savannah. The Two Addison Place development marks the first joint venture for the Atlanta-based real estate companies.
Community and Southern Bank, Kaufman Realty Group and NXT Capital, together with Batson-Cook Development and Cortland Partners, will finance the 325-unit development, which is scheduled to be completed in early 2013. In February, Batson-Cook Development Co. and Novare Group said they are proceeding ahead with the SkyHouse Midtown project. For the full story, go to Atlanta Business Chronicle .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.