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Bricks & Mortar Program

Since 1991, GMA has worked with cities in Georgia to facilitate the purchase of real estate projects for a variety of project types including City Halls, Police/Fire Stations and Public Parks, Theaters and Greenspaces among others.

GMA works with bond counsel who utilize a standardized set of documents ensuring issuance cost is kept to a minimum and is able to tap its network of lenders to ensure the City is offered attractive interest rates.  The program finances 100% of the hard and soft project costs.

Given the unique legal requirements associated with this type of transaction, please contact GMA early in the decision-making process to maximize the project-related costs that can be financed.

Program Benefits

  • Flexible financing terms, ranging from 5 to 20 years.
  • Compliance with Section 36-60-13 of the Official Code of Georgia Annotated.
  • No upfront fees.  No required down payments.  Usually no prepayment penalties (requested during RFP process).
  • Dedicated GMA staff tasked to work with the City from origination to close.

Costs

No up-front fees. No required down payments. No prepayment penalties.

Am I Eligible?

We consider all leases on a case-by-case basis.

If you’re interested in the Bricks & Mortar Program, reach out to Philip Potter (678) 686-6274 today. You may also call toll-free in Georgia at (888) 488-4462.