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Nov182017

SLX -Atlanta 

SLX-Atlanta is a 306-unit new construction market rate multifamily community located in Chamblee, Georgia.  SLX-Atlanta is located on a 3.857 acre parcel and will consist of a single, 7-story, elevator-served apartment building with a concrete parking deck wrapped on the interior.  The project also features an infinity edge saline pool, fitness center, spa, dog park, and on-site leasing and management space.  Utilizing HUD's Section 221(d)(4) New Construction program for insurance advances, AGM obtained a HUD-insured mortgage of $74,999,900 at a fixed interest rate with a 40-year term.

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