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Its acquisition of GE Capital's Energy Financial Services' Project Finance Debt Business is part of the REIT's push to be a “multi-cylinder finance company.”
“This program allows the property owner to achieve the same returns via the workforce housing mezz loan as they would through a standard rent increase.”
“Park Place provides a rare opportunity to own in one of metro Atlanta's most exclusive and high-barrier suburbs,” says Cushman & Wakefield's Nathan Swenson.