Southern Land Co. Refinances 148-unit, Society at Laurens, in Charleston with $75M bridge loan

8/26/2025

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MHN

• Subcategory: Capital Markets: Debt, MF: Market Rate

• Tag: Closing

• Additional Filters-Subcategory: Capital Market: Bridge Loan, Capital Markets: Debt-Refinance, MF: Garden

• Company: Southern Land Company, Walker & Dunlop

Southern Land Co., a Nashville, Tenn.,-based national real estate developer, has refinanced the newly built Society at Laurens, a 148-unit luxury apartment community in downtown Charleston, S.C., with a $75 million loan from Aareal Capital. This is the company’s first development in Charleston.

A Walker & Dunlop Capital Markets team led by Walker Layne, Matt Wallach and Stephen West served as exclusive advisors to SLC and arranged the three-year bridge loan. The new funds replace the $50.8 million construction loan originated in February 2020 by Fifth Third Bank, according to Yardi Research Data.