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Commercial brokerage firm JLL reports that CBSK Ironstate has secured $181 million in construction financing from Deutsche Bank and another $70 million in equity from an unnamed institutional investor for the project at 646 11th Ave.
LaSalle says that one reason it is rejecting Pebblebrook's offer is because there are significant price risks and uncertainties for LaSalle shareholders.
Costly government regulations include sometimes lengthy approval processes, development standards that go beyond what would ordinarily be done, changes to building codes over the past decade, and OSHA requirements.
“Tyler's extensive knowledge and expertise will help this team continue to be one of the top office tenant representation groups in Atlanta,” says John O'Neill, regional managing principal of Cushman & Wakefield's Atlanta office.