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Spanx Brings in the Money

WASHINGTON DC 02.09.2017

SIXTH ANNUAL DC REGION AFFORDABLE HOUSING

The Future of HUD, Finance, Development and More Under a New Administration

Buwa Binitie -- Dantes Partners
David Godschalk -- Telesis
Bo Menkiti -- The Menkiti Group
Spanx Brings in the Money

BuckheadAtlanta_00_Aerial

OM no longer only stands for OliverMcMillan, but Outstanding Momentum. The developer secured $167M in a syndicated construction loan from PNC Capital Markets to begin work on Buckhead Atlanta. This news comes just days after we broke the story about Spanx moving its HQ to the once-troubled mixed-use project's office portion with a more than 100k SF  lease. Company officials say five lenders were involved in the financing: PNC Bank, CIT Finance, Compass Bank, Regions Bank, and SunTrust Banks. HFF's Trey Morsbach  and  Mark Sixour brokered the deal.