Representative Case Studies
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Knoxville Build-To-Rent (BTR) Construction Financing - White Oak Real Estate Advisors arranged approximately $66 million in construction financing for the two-phased development of a 261-unit, cottage-style build-to-rent project in Knoxville, Tennessee.
The 56-acre site is strategically located near the intersection of Washington Pike and Rising Oak Way in North Knoxville and benefits from close proximity to I-640, providing regional accessibility to major employment centers and downtown city center. The project is scheduled to begin home deliveries in late 2023. |
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Neuhaus Luxury Apartments - White Oak Real Estate Advisors arranged approximately $13 million in joint venture equity financing for the development of a 225-unit, class A luxury apartment complex in The Woodlands, Texas, a high-end suburb of Houston.
Situated on a 6.7-acre site, Neuhaus is strategically located one mile south of The Woodlands’ town center and two miles north of ExxonMobil's campus, which opened in 2014 and now boasts over 10,000 employees serving their Upstream, Downstream, Chemicals and XTO Energy companies and associated service groups. Neuhaus is scheduled to open in 2023 and represents the first transaction between the sponsor and joint venture equity investor. |
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Piedmont Road Land Financing - White Oak Real Estate Advisors arranged approximately $7.5 million in non-recourse land financing for the former Intown Suites Atlanta, a 4.8 acre parcel that is strategically located between the high-end Buckhead and Midtown submarkets of Atlanta.
Situated on directly on Piedmont Road, this site is improved with a 257-room former hotel, ~15,000 sf of retail space and a parking garage. The bridge financing was closed and funded in less than 10 days and was the first transaction between the developer and the financing source. |
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Tompkins Hall - White Oak Real Estate Advisors arranged a $40 million non-recourse construction loan for the adaptive reuse and redevelopment of Tompkins Hall, a 135,000 square foot turn-of-the-century textile mill that was repurposed to include a gourmet food hall, creative offices, restaurants and boutique retail space.
Situated directly on the Lynx Blue Line Light Rail in the NoDa neighborhood of Charlotte, Tompkins Hall is exceptionally well-located in the heart of Charlotte's premier arts and entertainment district. The project included approximately $10 million of federal and state historical tax credits and was delivered in 2019. |
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Park City Residential Land - White Oak Real Estate Advisors arranged a $16 million non-recourse land acquisition loan and a $9.5 million preferred equity investment for the purchase of 2,386 acres of raw residential land located approximately twenty minutes outside of Park City, Utah.
Situated next to the Jordanelle Reservoir, the Project's master plan allows for the development of up to 1,989 single-family residential units and features plentiful green space, unobstructed mountain views, abundant wildlife, walking and mountain biking trails, trap shooting, and other recreational activities. Additionally, with convenient access to Park City and many other surrounding ski destinations, the Property offers year-round appeal for both primary and secondary-home buyers. |
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Midtown Atlanta Residential Land - White Oak Real Estate Advisors arranged a non-recourse land acquisition loan for the purchase of 1.8 acres of residential land located at the intersection of Juniper & 5th Streets in the heart of Midtown Atlanta.
Initial construction on the six-story project began in early 2018, and upon completion, offers 150 luxury residential condominium units, numerous amenities, an average unit size in excess of 1,200 square feet and a convenient, walkable location in one of the most prestigious areas of in-town Atlanta. |
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The Moderns at Sugar Creek - White Oak Real Estate Advisors successfully arranged a $10 million limited-recourse construction loan for the development of 62 luxury, modern townhouses located along the Memorial Drive corridor in the Kirkwood neighborhood of in-town Atlanta. Situated on roughly 6 acres of land along Memorial Drive, the development will offer residents sleek, modern finishes, rooftop decks, side yards and abundant green space.
Vertical construction commenced in fall 2017 with the initial delivery of first 20 units in mid-2018. |
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The Atlantic Shopping Center - In December 2016, White Oak Real Estate Advisors successfully arranged a $5 million non-recourse bridge loan to refinance the existing land loan on this vacant 104,000 square foot shopping center in Metro Atlanta. In October 2017, White Oak recapitalized the Project with a $14 million construction loan and a $5 million preferred equity investment. In 2019, White Oak refinanced the construction loan and preferred equity with $16 million of permanent bank debt and ~$6 million of joint venture equity. The anchor tenant, Floor & Decor occupies approximately 84,000 square feet and opened in 1Q2019.
Located along one of the most active redevelopment corridors in Metro Atlanta, the Atlantic Shopping Center represents a unique redevelopment of over 100,000 square feet of retail space situated on over 10 acres along Memorial Drive in East Atlanta. |
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Arrowood Station - White Oak Real Estate Advisors acquired this former 115,000 square foot Walmart center in April 2017 and later sold a joint venture interest in the project in June 2019.
Situated on roughly 12 acres at E. Arrowood Road and South Boulevard, and located directly on the Lynx Blue Line Rail System, the Arrowood Station acquisition offers substantial value enhancement and adaptive reuse potential, extremely high parking ratios, direct access to the light rail system and intrinsic land value and future development potential in the growing Airport submarket of Charlotte. |
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Parmalat Atlanta Dairies - White Oak Real Estate Advisors arranged non-recourse acquisition financing for the land parcel, which closed in December 2014. In June 2017, White Oak also arranged a $19 million construction loan for the redevelopment of the Project. In 2019, White Oak sold approximately $2 million in Georgia historic tax credits generated from the project to an undisclosed buyer.
Atlanta Dairies, a longtime vacant 9.8-acre site located along the Memorial Drive corridor of Atlanta was redeveloped into a dynamic mixed-use urban destination featuring retail, restaurant and entertainment amenities, loft office and apartments. |
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Rockbridge - White Oak Real Estate Advisors exclusively marketed this opportunity to an array of capital providers and successfully arranged joint venture equity and non-recourse acquisition, development and construction financing for this new 58-home, in-fill subdivision development in the vibrant Avondale Estates / Decatur submarket of Metro Atlanta.
This unique 17-acre assemblage is located on Rockbridge Road, just outside the city limits of historic Avondale Estates, and will offer residents numerous amenities including modern and open floor plans, large in-town lots, community parks, dog walks and green space. |
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Statham Oaks Storage - White Oak Real Estate Advisors acquired Statham Oaks Storage in October 2015 for $1.5 million. Located just 12 miles from the University of Georgia and downtown Athens, Statham Oaks Storage is a 45,000 square foot, 308-unit mini-storage facility with over 3.5 acres of additional RV and boat parking areas.
Strategically located along Atlanta Highway, White Oak expanded the existing footprint of Statham Oaks Storage to include an additional 14,000 square feet of drive-up climate-controlled mini-storage and RV, boat and vehicle storage. White Oak sold Statham Oaks Storage in March 2020 for $4 million. |
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Independence - White Oak Real Estate Advisors exclusively marketed this opportunity to a variety of capital providers and secured non-recourse acquisition and development financing for this 430-acre land parcel in Grayson, Georgia.
Upon completion, Independence will contain roughly 760 residential lots and 6 commercial parcels that are strategically located along State Route 20, one of the main traffic arteries for this area of Gwinnett County. A rare opportunity to acquire a sizable residential land position in Metro Atlanta, this development was catered towards national home builders and has fully sold out. |
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Krog Street Market / Atlanta Stoveworks - White Oak Real Estate Advisors arranged joint venture equity and a non-recourse bridge/construction loan for this transaction.
Krog Street Market and the Atlanta Stoveworks was a unique opportunity to acquire a six-parcel, partially-developed assemblage located directly on the Atlanta Beltline in the heart of Inman Park, one of Atlanta’s top in-town neighborhoods. A blend of stability, commercial redevelopment and ground-up multifamily, Krog Street Market and the Atlanta Stoveworks consists of 66,000 square feet of existing loft office product, 30,000 square feet of new boutique retail and restaurant redevelopment and 222 new Class A apartment units. |
Glynn Place Mall - White Oak Real Estate Advisors, in conjunction with BlueGate Partners, advised Douglas Wilson Companies in its capacity as Receiver in this transaction and sold Glynn Place Mall to an undisclosed buyer.
Glynn Place Mall is a single-level, four-anchor regional mall consisting of approximately 502,792 square feet of gross leasable area located in Brunswick, Glynn County, Georgia. Anchors include Belk, JC Penney and Sears. An Embassy Suites hotel is also adjoined to the mall. The property is located at the intersection of Golden Isles Parkway and Scranton Road, with excellent frontage along Golden Isles Parkway, the main thoroughfare connecting Interstate 95 to Brunswick and the resort destinations of St. Simons Island, Sea Island and Jekyll Island.
Glynn Place Mall is a single-level, four-anchor regional mall consisting of approximately 502,792 square feet of gross leasable area located in Brunswick, Glynn County, Georgia. Anchors include Belk, JC Penney and Sears. An Embassy Suites hotel is also adjoined to the mall. The property is located at the intersection of Golden Isles Parkway and Scranton Road, with excellent frontage along Golden Isles Parkway, the main thoroughfare connecting Interstate 95 to Brunswick and the resort destinations of St. Simons Island, Sea Island and Jekyll Island.
Retreat Village - White Oak Real Estate Advisors structured the joint venture equity for the acquisition of this grocery-anchored center, which represents the first transaction for the partnership.
Retreat Village represented a exceptional opportunity for an investor to acquire a well-located, grocery-anchored shopping center with significant barriers-to-entry. Located in a seasonal, tertiary market, but with strong household incomes, limited competition and robust anchor sales, Retreat Village was aggressively pursued by a variety of capital providers.
Retreat Village represented a exceptional opportunity for an investor to acquire a well-located, grocery-anchored shopping center with significant barriers-to-entry. Located in a seasonal, tertiary market, but with strong household incomes, limited competition and robust anchor sales, Retreat Village was aggressively pursued by a variety of capital providers.
Camellia Walk - White Oak Real Estate Advisors secured both the joint venture equity and construction financing for this 81-unit assisted-living development, which represents the first transaction for the partnership
With virtually no new Class A assisted-living product delivered in the Augusta market since 2000 and a market occupancy over 96% for existing assisted-living projects, Camellia Walk represented an excellent opportunity for an equity investor to establish a programmatic partnership with a proven developer and a publicly-traded, best-in-class management firm to develop multiple Class A assisted-living facilities throughout Georgia and the Southeastern United States.
With virtually no new Class A assisted-living product delivered in the Augusta market since 2000 and a market occupancy over 96% for existing assisted-living projects, Camellia Walk represented an excellent opportunity for an equity investor to establish a programmatic partnership with a proven developer and a publicly-traded, best-in-class management firm to develop multiple Class A assisted-living facilities throughout Georgia and the Southeastern United States.
Shops Around Lenox - White Oak Real Estate Advisors, in conjunction with an affiliate, structured the joint venture equity for the acquisition of this center.
Shops around Lenox is a 125,000 square foot shopping center located in the heart of Buckhead and adjacent to Lenox Square, the Southeast’s dominant super-regional enclosed mall. Located directly opposite from Neiman Marcus, Shops Around Lenox is within walking distance to several leading hotels, including the Ritz Carlton Buckhead, W Buckhead, Westin, Grand Hyatt, Hotel InterContinental and The Mansion – a Rosewood Hotel.
Shops around Lenox is a 125,000 square foot shopping center located in the heart of Buckhead and adjacent to Lenox Square, the Southeast’s dominant super-regional enclosed mall. Located directly opposite from Neiman Marcus, Shops Around Lenox is within walking distance to several leading hotels, including the Ritz Carlton Buckhead, W Buckhead, Westin, Grand Hyatt, Hotel InterContinental and The Mansion – a Rosewood Hotel.