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New York Firms Back Developer's Plans to Expand, Renovate Landmark Atlanta Tower

H.I.G., Square Mile Provide $186 Million Loan for Major Upgrade Planned for Campanile Office Building in Midtown

H.I.G. Realty and Square Mile Capital provided a $186 million loan to renovate and expand Campanile, right, an office tower in midtown Atlanta. (Dewberry Group)
H.I.G. Realty and Square Mile Capital provided a $186 million loan to renovate and expand Campanile, right, an office tower in midtown Atlanta. (Dewberry Group)

A global private equity firm and New York institutional real estate and management outfit are making a big bet on a developer's plans to renovate and expand a midtown Atlanta office tower originally built as the headquarters of a regional telecommunications company.

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