Developer Amir Peleg has secured $36.6 million of construction financing to build a new multifamily and single-family home development in suburban Atlanta, Commercial Observer can first report.
LFB Ventures provided the loan for Peleg’s planned two-phased Weatherstone development in Dallas, Ga.,to build 280 single family homes across four different models. A vast majority of the homes have already been sold to a single-family residential fund (SFRF) and individual investors.