May 25, 2016 8:07 PM ET

Capital Markets

Company Overview of Cortland Partners, LLC

Company Overview

Cortland Partners, LLC is a real estate investment firm specializing in acquisition, management, and development. It acquires, develops, and operates mixed-use and residential multi-family properties in urban and suburban locations throughout the Southern region of the United States. Cortland Partners, LLC was founded in 2005 and is based in Atlanta, Georgia with an additional office in Orlando, Florida.

3424 Peachtree Road N.E.

Suite 300

Atlanta, GA 30326

United States

Founded in 2005

Phone:

404-965-3988

Fax:

404-965-3946

Key Executives for Cortland Partners, LLC

Founder and Chief Executive Officer
Chief Financial Officer
Age: 55
Chief Operating Officer
Chief Acquisitions Officer
Executive Vice President of Investments
Compensation as of Fiscal Year 2015.

Cortland Partners, LLC Key Developments

Cortland Partners Eyes Acquisitions

Cortland Partners, LLC plans to make acquisitions. Greystone has provided a $58 million bridge loan to recapitalize the ownership of Watermark at East Cobb Apartments in Marietta, Georgia. "We are thrilled to have been able to provide Cortland Partners with the bridge financing to facilitate a partnership buyout and increase their ownership stake in such a quality asset, and look forward to completing future transactions as they seek permanent financing and additional acquisitions," said Mark Jarrell, Executive Vice President at Greystone.

Cortland Partners Seeks Acquisitions

Cortland Partners, LLC is seeking acquisitions. Looking ahead, Cortland is poised to acquire nearly 3,000 additional units in September 2015 and October 2015, expanding its presence in its current Georgia and Texas markets, as well as entering North Carolina's Raleigh-Durham market.

Greystone Announces Closing of $64,270,000 Freddie Mac Loan with Cortland Partners

Greystone announced it has closed a $64,270,000 Freddie Mac loan for a 664-unit multifamily property in Roswell, GA. The loan was for Park 83. Greystone provided a $60,500,000 bridge loan in 2014 for the acquisition of Park 83, and then guided Cortland Partners to a permanent exit with Freddie Mac's Program Plus platform within 12 months. The 7-year Freddie Mac loan includes 3-years of interest only followed by 30-year amortization for the remaining term.

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