Southern Land Company has successfully refinanced the construction debt for Society at Laurens, a 148-unit luxury apartment community located in the historic downtown district of Charleston, South Carolina. The company secured a three-year, $75 million bridge loan through Aareal Capital, with the financing arranged by Walker & Dunlop.
The Walker & Dunlop Capital Markets team—led by Walker Layne, Matt Wallach, and Stephen West—served as advisors to Southern Land Company on the transaction.
Society at Laurens offers a range of upscale residential options, including one-, two-, and three-bedroom units, as well as penthouses. Residents enjoy premium amenities such as a heated saltwater pool and spa situated on a second-floor deck with scenic views of Charleston Harbor. Additional features include a modern fitness center and controlled-access parking.
Located at 31 Laurens Street, the development is positioned in Charleston’s vibrant historic downtown neighborhood.
Southern Land Company is a privately held, full-service real estate development firm that has been reimagining urban spaces since its founding in 1986. Aareal Bank, the loan provider, is headquartered in Wiesbaden, Germany, and has been operating for more than a century.
