Lincoln, Bridge Land Refi for Midtown Atlanta Apartment Project
The duo of Lincoln Property Company and Bridge Investment Group obtained a $43.5 million refinancing loan for Vibe at Echo Street West, a recently delivered multifamily community in Midtown Atlanta. The 292-unit property is part of the larger Echo Street West mixed-use master plan.
CBRE’s Blake Cohen led the financing effort. The financing was provided by Fannie Mae and will support the continued lease-up and stabilization of the asset.
At 750 Echo Street NW, Vibe at Echo Street West offers frontage along the Westside Beltline Connector, a key segment of the Atlanta Beltline trail system.
Completed in 2023, the eight-story wrap-style building offers a mix of studio, one-bedroom, and two-bedroom units, with 20% designated as affordable housing. Community amenities include a resort-style pool with cabanas, a modern fitness center, a business center with micro-offices, a pet spa, and an outdoor kitchen.
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout