Berkadia Arranges $60.8M in Construction Financing for Mosaic Pooler Apartments Near Savannah
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Berkadia Arranges $60.8M in Construction Financing for Mosaic Pooler Apartments Near Savannah
POOLER, GA. — Berkadia has arranged $60.8 million in construction financing for Mosaic Pooler, a 333-unit multifamily community located within the Mosaic Town Center mixed-use development in Pooler, a western suburb of Savannah. The borrower, an affiliate of Bayline Group, acquired the 12-acre site at 800 High Ave. in 2023. Bank OZK provided a $47.5 million, three-year, floating-rate loan to Bayline Group. Berkadia also lined up $13.3 million in…
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