SunTrust Provides $35M in Financing for CCRC Development in Georgia

ATHENS, Ga. — SunTrust has provided $35 million in financing to support the development of Presbyterian Village Athens in Athens.

The 70-acre continuing care retirement community (CCRC) will feature a total of 229 units. Development costs are estimated at $143 million.

Presbyterian Homes of Georgia is developing the property, breaking ground in September 2018. The project is scheduled for completion in early 2021.