Northmarq’s Atlanta team secures $20M refinance for The Atlantic Brookwood multifamily community

ATLANTA (Jan. 27, 2025) — Northmarq’s Atlanta Debt + Equity team, led by Senior Vice President and Regional Managing Director Faron Thompson and Vice President Van Glosson, has successfully arranged a $20.246 million refinance for The Atlantic Brookwood, a vibrant 240-unit multifamily community in the heart of Atlanta, Georgia.

Strategically located at 2035 Peachtree Street N.E., The Atlantic Brookwood places residents steps away from some of Atlanta’s finest dining, shopping and entertainment hubs. With quick access to Midtown, Buckhead, and major employers like Piedmont Hospital, Georgia Tech and Georgia State University, this property exemplifies modern urban living.

Financing for this transaction was secured on behalf of the borrower, Atlantic Pacific Companies, a recognized leader in multifamily development and management. As a trusted Freddie Mac Optigo lender, Northmarq structured a 5-year term to deliver an exceptional blend of proceeds and pricing tailored to the borrower’s needs.

“Freddie Mac offered the ideal combination of competitive pricing and proceeds for this select sponsor,” said Thompson. “We’re proud to deliver financing solutions that support high-quality communities like The Atlantic Brookwood.”

The Atlantic Brookwood offers residents a perfect balance of comfort, convenience and contemporary amenities. Apartment features include stainless-steel appliances, granite countertops, private patios/balconies and in-unit washer/dryers, catering to today’s modern lifestyle. The community amenities are equally impressive, boasting a sparkling pool with sundeck, state-of-the-art fitness center, gated access, lush courtyards and a welcoming resident lounge designed for relaxation and connection. Conveniently located near Interstates 75, 85, and GA 400, The Atlantic Brookwood provides seamless connectivity to all that Atlanta has to offer.

*Property photo courtesy of CoStar.