Altama Village - Brunswick, Georgia

Altama Village is a 75,000 square foot retail center located near the Georgia coast. Prior to BDG's involvement in the mid 90's, the center suffered from a burdensome debt structure, the expiration of its anchor tenant's lease and an obsolete appearance. BDG helped arrange favorable re-financing and lead a cost-effective renovation of the center. The vacant anchor store was divided and leased on better terms. The owner was rewarded with substantial increases in cash flow and a profitable sale.