$59M loan secured for 26-story tower in Atlanta to house Georgia State students

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A new 26-story apartment tower is on the way to Atlanta to fill a housing shortage for Georgia State University students. South City Partners secured a $58.3 million loan from SunTrust to build 120 Piedmont, which will have room for as many as 685 beds, as well as retail space. Far from an old-school dormitory, when it opens in 2019, the new tower will include a pool, roof deck and other modern amenities. [Curbed]