Landmark Properties Recapitalizes 1,364-Bed Community Near the University of Georgia

Athens, Ga. — Landmark Properties has recapitalized The Mark Athens, a 1,364-bed student housing property located at 130 Hickory St. near the University of Georgia campus. The property was developed in two phases, with the first phase completed in 2017 and the second phase completed in 2022. The community offers studio through six-bedroom apartments, alongside 67,000 square feet of retail and 46,734 square feet of office space. Landmark occupies over 90 percent of the office space. The community also features 55,000 square feet of shared amenity space, including a rooftop pool and sundeck with views of the university’s campus, Sanford Stadium and downtown Athens; study spaces; a fitness center; golf simulator; racquetball court; and an indoor basketball court. Details of the refinancing were not disclosed. “The Mark Athens is our flagship property — our corporate headquarters is in this building,” says CEO Wes Rogers. “It’s the premier asset in our hometown and we’re glad to have a longer term capital structure in place for this building.”