Meridian Capital Group, a leading national commercial real estate finance and advisory firm, has arranged $22.2 million in financing for a fractured portfolio located at 232 19th Street NW in Atlanta, GA. The portfolio, known as Trantor Atlantic Lofts, consists of 115 residential units within a 155-unit condominium complex.
Situated in the heart of Atlantic Station, a vibrant live-work-play district just west of Midtown and near Georgia Tech, the property offers residents access to premier retail, dining, and entertainment—including iconic venues like the Millennium Gate Museum.
Meridian secured the financing on behalf of Trantor Realty through Encore Finance, with favorable terms that include a five-year fixed rate and full-term interest-only payments.
“This was one of those deals that, on paper, looked nearly impossible,” said Klugmann. “A fractured condo in a non-core market presents a unique set of challenges, but we canvassed the market and negotiated terms that aligned with the sponsor’s vision. Every deal is unique; but this one required precision, creativity, and deep lender relationships.”
The Lofts at Atlantic Station offer the best in apartment living. The property places you in the center of this unique, intown district – a place where shopping, cuisine, and culture combine to create a vibrant and modern lifestyle. It’s a neighborhood where residents can work, shop, and play, and where today’s top amenities are only steps from your front door.
Meridian Capital Group has become America’s most active dealmaker and one of the nation’s leading commercial real estate finance, investment sales and retail leasing advisors.
