Landeavor and LAMB Properties recently secured $26.78 million in construction financing for Rosebud Place, a 139-home build-to-rent community in Loganville.
Homes will have three- and four-bedroom floor plans ranging from 1,833 to 1,854 square feet and feature stainless-steel appliances, in-home washers and dryers and attached two-car garages. Community amenities will include a resort-style pool, dog park, children’s play area and walking trails.
Located at 2882 Rosebud Road in the Atlanta suburb of Loganville at 2882 Rosebud Road, the community is in the Grayson School District and is near the I-85 Northeast industrial submarket.
The construction financing consists of a five-year, floating-rate loan from a regional bank that was arranged by the JLL Capital Markets Debt Advisory team led by Managing Director Matthew Putterman, Senior Managing Director Danny Kaufman, Managing Director Chris Knight and Director Ware Shipman.
“We are thrilled with the partnerships we’ve created to finance and build Rosebud Place,” Landeavor Managing Principal Adam Lorry said in a press release. “This best-in-class rental community will provide an amenity-focused backdrop for renters seeking a single-family home in the coveted Grayson School District.”