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A joint venture between Toro Development Co. and Ascentris has secured financing for the first phase of Medley, a $560 million, 960,000-square-foot mixed-use development near Atlanta. Funding included an equity investment from Ascentris and a $158 million construction note issued by Banco Inbursa.

Upon completion in late 2026, Medley will include 750 multifamily units, 150,000 square feet of retail space, 110,000 square feet of office space, a 175-key hotel, 133 for-sale townhomes, as well as a 25,000-square-foot plaza.