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Atlanta Developer Secures $34.4M for Glenwood Ave. Apts.

Capital 33 Gets Construction Loan from Regions Bank Backed by Joint Venture Equity from Institutional Investors Advised by J.P. Morgan Asset Management
By CoStar Research
January 22, 2009 | 4:30 AM

Capital 33, the Atlanta-based development firm headed by Colin Cavill and Mark Mechlowitz, has secured debt and equity financing for the development of Glenwood Avenue Apartments, a 325-unit, five-story luxury multifamily development planned next to Glenwood Park and along the Beltline in Atlanta.

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