Real Estate Results
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When timing is critical, Atlantic Capital Bank executes.
An investor was working with a college in Savannah, GA to build a sophisticated new student housing complex. The financing plan was in place, but at the last minute, the original bank was unable to make the $22 million deal. The borrower, worried that the deal would not be inked in time for the construction to be completed before the start of school, turned to Atlantic Capital Bank.
Pat Hickey and his team at Atlantic Capital jumped into action immediately on this time-sensitive deal. The builder could not start the project until it was funded, so every day was critical in order to meet the school's start date deadline. Atlantic Capital’s Commercial Real Estate Team worked closely with the borrower and co-lenders to ensure that the entire project was funded in time for the apartments to be completed before the start of school.