CRE MarketBeat

3 days ago | cremarketbeat.com | Steve Griffin

**CP Group and Bawag Group Acquire Piedmont Center for $200 Million, Plan Major Redevelopment**Austrian bank Bawag Group, in partnership with CP Group, has acquired the Piedmont Center, a 2.2 million-square-foot office park located in Atlanta’s Buckhead neighborhood, for $200 million at auction. The acquisition comes after Morgan Stanley filed for foreclosure earlier this year on a $330.8 million loan tied to the property.

3 days ago | cremarketbeat.com | Steve Griffin

**Florida People & Companies — June 6, 2025****Jordan Heller Joins Lightstone Capital**Jordan Heller has joined Lightstone Capital as Director of Southeast Originations. In his new role, Heller will assist in launching the company’s satellite office in Miami, Florida, and will lead the regional sourcing, structuring, and originating of senior bridge debt, mezzanine, and preferred equity investments. This move supports Lightstone Capital’s broader growth strategy.

3 days ago | cremarketbeat.com | Steve Griffin

**Bayline Secures Financing for New Apartment Community in Pooler, Georgia**The Bayline Group has secured both debt and equity financing for the development of a new Class A garden-style apartment community in Mosaic Town Center, a 170-acre mixed-use development located near downtown Savannah in Pooler, Georgia. The project, named Mosaic Pooler, will comprise 333 apartment units and is slated for completion in May 2027.

3 days ago | cremarketbeat.com | Steve Griffin

**Grover Corlew Secures $92M to Build 312-Unit Apartment Complex in Fort Lauderdale**Grover Corlew has secured a $92 million financing package for the development of a 312-unit apartment project in Fort Lauderdale’s Cypress Creek submarket. According to the South Florida Business Journal, the financing includes a $72.3 million mortgage from Bank OZK and a $19.7 million mezzanine loan from Affinius Capital.

3 days ago | cremarketbeat.com | Steve Griffin

JLL Secures $80M Financing for Rockrose West Village PropertyJLL has successfully arranged $80 million in financing for 110 Horatio Street, a 10-story multifamily property located in Manhattan’s West Village. The 94,000-square-foot building is owned by 110-114 Horatio II, LLC, an entity controlled by principals of Rockrose Development. The financing was arranged by JLL’s team of Geoff Goldstein, Steven Klein, and Chris Pratt.