PGIM Provides $82.3M Refinancing Loan for MetLife, StreetLights JV of 355-unit, Mira at Midtown Union, in Atlanta

2/3/2025

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REBusinessOnline

• Subcategory: Capital Markets: Debt, MF: Market Rate

• Tag: Closing | JV-Partnership

• Additional Filters-Subcategory: Capital Markets: Debt-Refinance, MF: Highrise

• Company: PGIM Real Estate (Prudential), MetLife Investment Management, StreetLights Residential

PGIM Real Estate has provided an $82.3 million, floating-rate loan for the refinancing of Mira at Midtown Union, a 355-unit multifamily property located in Midtown Atlanta. The borrower, a joint venture between MetLife Investment Management and StreetLights Residential, will use the loan proceeds to refinance existing debt and secure tenants for the available retail space. Tom Goodsite of PGIM Real Estate led financing efforts for the transaction.