Pillar Provides $18 Million Refinancing Loan for The Flats at Atlantic Station Near Georgia Tech

The Flats at Atlantic Station are located adjacent to the Georgia Tech campus in Atlanta. The Flats at Atlantic Station are located adjacent to the Georgia Tech campus in Atlanta.

Atlanta — Pillar has originated an $18 million Freddie Mac loan to refinance The Flats at Atlantic Station, an 86-unit property located adjacent to the Georgia Tech campus in Atlanta.

The community offers a mix of two-, three- and four-bedroom fully furnished apartments. Amenities at the complex include a swimming pool, rooftop lounge and a fitness center. Colin Whittier of Pillar originated the floating rate, 7-year term loan with a 30-year amortization schedule. IPA Capital Markets presented the financing opportunity to Pillar.

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