PPD Holdings and The Residential Group are pleased to announce that District at Duluth, a mixed-use development located in the heart of downtown Duluth, Ga., has sold for $83 million.
PPD Holdings is pleased to announce the securing of land for a multifamily project in Acworth, Georgia. The 342-unit project is preliminarily scheduled to begin construction in the spring of 2019.
PPD Holdings has secured financing from SunTrust Bank for a $29 million construction loan on a 264-unit multifamily project in Bonita Springs, Florida.
PPD Holdings refinanced a loan with State Farm for The Crest at Laurel Canyon — a 350-unit luxury apartment community in Canton, Georgia — for $28.3 million.
PPD Holdings has closed on a refinancing loan for The Crest at Berkeley Lake. The Crest at Berkeley Lake is a 382-unit apartment community in Duluth, Georgia that had an $18.95 million loan refinanced with PPM America.
PPD Holdings has closed on a refinancing loan for The Crest at Sugarloaf. The $28 million loan on The Crest at Sugarloaf — a 540-unit apartment community in Lawrenceville, Georgia — was refinanced with lender The Guardian Life Insurance Company.
PPD Holdings Investment Group has taken advantage of the recent boom in the multifamily industry, closing sales on numerous properties located across the Southeast, with those transactions totaling more than $361 million.
