Tenants fill The Orleans
Published on: January 4, 2014
The Commercial Appeal
The newest Class A apartment development in Shelby County, The Orleans at Walnut Grove, has succeeded in leasing 100 percent of its 180 units in Phase 1, completed in June 2012, said Rick Wood, executive vice president of Financial Federal Bank. The bank arranged the construction loans and the $23 million in permanent financing.
Most of the 96-unit Phase II, completed in June, has been leased as well, Wood said.
"The success of the complex is attributable to the quality design, convenient location near Houston Levee Road and the management team at Wesscorp Communities," Wood said.