Date of Acquisition
May 2022

Scope of Transaction
$50 million

Number of Units
860

Funding
65%

Equity
$15.5 million
LAKE SOCIETY (SOLD)
Gainesville, GA

Preferred Equity to Residential and BTR Project in Gainesville, GA.
The Lake Society at Lake Lanier is a 200 acre project that will have many pieces uniquely serving the active adult In the Atlanta region community. The project will include pool, tennis courts, a marina for boats, storage areas and more.

 

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Transaction Details

05/2022
Acquisition

$50M
Scope

860
Units

65%
Funding

$15.5M
Equity