News Summary
Walker & Dunlop has arranged $352,795,000 for the acquisition financing of two multifamily properties in the Atlanta metro area: Town Laurel Crossing and Manor Barrett. With modern amenities and strategic locations, these developments aim to satisfy the growing demand for quality rental housing in Buford and Kennesaw, addressing a severe shortage of multifamily communities. The financing was facilitated by Walker & Dunlop’s Investment Sales and Multifamily Finance teams, underscoring the firm’s commitment to enhancing the multifamily housing market in the region.
Atlanta, Georgia – Walker & Dunlop has successfully arranged $352,795,000 for the acquisition financing and sale of two multifamily properties located in the Atlanta metro area: Town Laurel Crossing and Manor Barrett. The financing aims to enhance the housing market in these rapidly growing suburbs, addressing the increasing demand for quality multifamily living options.
The Town Laurel Crossing, situated in Buford, features 360 units and is strategically located in the Exchange at Gwinnett shopping district. This community has garnered multiple accolades from the Aurora Awards, including recognition for the best recreation facility or amenity and the title of community of the year. Meanwhile, Manor Barrett, located in Kennesaw, comprises 347 units and has been developed on the site of a former movie theater. It is positioned within the Town Center Commercial District and received the multifamily development of the year award at the 2025 CoStar Impact Awards.
Walker & Dunlop’s Investment Sales team, comprising Chris Goldsmith, Telly Fathaly, Cameron Dunn, and Riley Hall, facilitated the sales on behalf of the Related Group. Additionally, the Multifamily Finance team, led by Mary Stuart Hurst and Fletcher Dunn, arranged the acquisition financing for these transactions on behalf of a privately held multifamily owner-operator, with funding sourced from Freddie Mac.
The economic landscape in the suburbs of Buford and Kennesaw is vibrant, marked by steady growth in job opportunities and population numbers. Sublime demographics and a strong housing market heavily influence this positive economic trend. The introduction of Town Laurel Crossing and Manor Barrett is a strategic response to a noted shortage of institutionally developed multifamily communities in these specific markets.
Walker & Dunlop has showcased its extensive experience and capabilities in the real estate sector, having completed over $57 billion in property sales volume since 2021 and having originated more than $30 billion in debt financing volume in 2024, with over $25 billion dedicated to multifamily properties. This latest acquisition financing aligns with the company’s established goal of bolstering the multifamily housing sector.
Both Town Laurel Crossing and Manor Barrett are designed with modern amenities aimed at enhancing the tenant experience. Features include pools, fitness centers, lounges, and pet parks, alongside a variety of unit sizes offering one, two, and three-bedroom options. This comprehensive approach not only caters to diverse living preferences but also underscores the multifamily communities’ role in meeting the surging housing demand within the Atlanta metro region.
As the demand for quality rental housing continues to rise, these developments are set to play a critical role in providing much-needed living spaces, thereby contributing to the ongoing growth and vitality of the Atlanta suburban markets.
Deeper Dive: News & Info About This Topic
- Business Wire: Walker & Dunlop Arranges $352 Million for Multifamily Properties
- Google Search: Walker Dunlop acquisition financing
- Rebusiness Online: Walker & Dunlop Arranges Sale & Acquisition Financing
- Wikipedia: Multifamily housing
- Connect Commercial Real Estate: Walker & Dunlop Arranges $176M Refi
- Encyclopedia Britannica: Real Estate
- Multi-Housing News: Metro Atlanta Community Refinanced for $33M
- Google News: Walker Dunlop metro atlanta
Author: STAFF HERE SAVANNAH WRITER
SAVANNAH STAFF WRITER The SAVANNAH STAFF WRITER represents the experienced team at HERESavannah.com, your go-to source for actionable local news and information in Savannah, Chatham County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Savannah Music Festival, St. Patrick's Day Parade, and Savannah Jazz Festival. Our coverage extends to key organizations like the Savannah Area Chamber of Commerce and United Way of the Coastal Empire, plus leading businesses in aerospace, education, and logistics that power the local economy such as Gulfstream Aerospace, Savannah College of Art and Design, and Colonial Group. As part of the broader HERE network, including HEREAtlanta.com and HEREAugusta.com, we provide comprehensive, credible insights into Georgia's dynamic landscape.
