BMO Harris Arranges $40M Construction Financing for 208-Unit Community Near Atlanta

by Jeff Shaw

ACWORTH, Ga. — BMO Harris Bank’s Healthcare Real Estate Finance group has arranged $40 million in construction and mini-perm financing for the development of a 208-unit independent living community in the Atlanta suburb of Acworth.

The borrower, Solomon Holdings, is developing the property, its third in the state of Georgia. When completed, the community will feature 182 apartments and 26 cottages.

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