One Real Estate Investment (OREI) has landed $34.8 million of construction financing to build a multifamily development in Montgomery, Ala. Synovus Bank provided the floating-rate loan at a 65 percent loan-to-cost for the developer's planned 264-unit The One at Montgomery project set to open in mid-2026, according to Berkadia, which brokered the deal. Berkadia arranged [...]
