BWE, a national commercial and multifamily mortgage banking company, announced today that it has secured $38,500,000 in first mortgage financing secured by a first lien on Encore at Beacon Place, a 252-unit, build-to-rent (BTR) multifamily complex in Kathleen, Georgia, part of the Warner Robins metropolitan area.
Paul Harbor, senior vice president, and Caleb Carter, assistant vice president, both in BWE’s Birmingham, AL office, originated the bridge loan on behalf of the borrower, an Alabama-based multifamily investor and repeat client. BWE utilized its proprietary bridge lending product to execute the financing.
“While evaluating the best financing options for Encore at Beacon Place, we found it was BWE’s own bridge loan product that best fit the business plan of the borrower—a repeat user of the program,” said Harbor. “These bridge loans feature considerably lower fees than comparable products while maintaining competitive rates and proceeds. Because the program is proprietary, it allows the borrower to avoid layered fees and enjoy a less complex transaction process overall. BWE utilizes a comprehensive suite of capital solutions to ensure success for our partners.”
Newly constructed in February 2025, Encore at Beacon Place, located at 40 Cohen Walker Drive, consists of 252 units in a single-story, cottage-style apartment complex. The property includes 60 one-, 156 two-, and 36 three-bedroom apartments, which feature amenities including stainless steel appliances, granite countertops, hardwood-style flooring, washer/dryers in each unit, walk-in closets, and private patios. Community amenities include a resort-style saltwater pool, pickleball court, clubhouse with a 24-hour fitness center, yoga/pilates/group fitness studio, community gathering room, business center, cybercafé with free Wi-Fi, and a coffee bar.
Set in the fast-growing Warner Robins metropolitan area, Encore at Beacon Place is conveniently situated amidst major roadways and retailers.