Brook Farm Inks $73M Refi on Covington Apartments
Brook Farm Group refinanced The Sinclair at Callaway Farm, a 388-unit, Class A multifamily community in Covington, Georgia. The $73 million refinancing from Prime Finance replaces the initial construction loan and preferred equity investment from the project’s inception in 2023.
The refinancing was facilitated by Shawn Rosenthal, Jason Gaccione, and Jake Salkovitz of CBRE’s Debt & Structured Finance group.
The Sinclair includes one-, two-, and three-bedroom units with luxury finishes, a 9,000-square-foot clubhouse, a pool, an expansive two-story gym, co-working space, a dog park, a pet spa, fast-charging EV stations, and the first rooftop lounge in the market.
The Sinclair at Callaway Farm was Brook Farm Group’s first development following the launch of the company in 2022. The community was completed in Q2 2025. Since the company’s launch, Brook Farm Group has added five multifamily developments in various stages of construction and lease-up across Georgia and Florida, totaling over 1,500 units.
Other News
Lewis Group Opens Second NorCal Rental-Home Community in West Sacramento
Independence in West Sacramento, a new gated community of 208 townhome-style rental homes developed by Lewis Apartments, opened its leasing office and model homes to the public on Saturday, Oct. 24. Located in West Sacramento’s Southport/Bridgeway Island area, Independence introduces rental homes designed for residents who want the space and privacy of a single-family home...
Learn more
CBRE Arranges Sale of Future Mixed-Use Development in Wisconsin
CBRE announced the sale of a 4.66-acre parcel at the northwest corner of County Highway MM and U.S. Highway 14 in Fitchburg, Wisconsin. Louisville, Kentucky-based Trilogy Real Estate Fitchburg LLC purchased the property from Fairchild Development LLC for $2.23 million, marking the company’s third location in the Madison market and expanding its footprint beyond its...
Learn more
Northmarq Arranges $96M Refi on SoCal Apartment Portfolio
Northmarq has arranged $95.8 million in refinancing for a six-property, 1,461-unit multifamily portfolio owned and operated by E&S Ring across Los Angeles and San Bernardino Counties. The financing was arranged through Voya Investment Management by Northmarq’s San Francisco Debt + Equity team, led by managing director Nathan Prouty, SVP Andrew Slaton and senior investment anaylst...
Learn more
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout