Newnan Crossing by Workbench Digital

NEWNAN CROSSING

POINTONE HOLDINGS

NEWNAN CROSSING A POINTONE HOLDINGS INVESTMENT OPPORTUNITY HIGH-END MULTIFAMILY APARTMENT-HOMES DEVELOPMENT PROJECT LOCATED IN METRO ATLANTAâ&#x20AC;&#x2122;S CITY OF NEWNAN, GEORGIA

POINTONE HOLDINGS 200 S. Park Road, Suite 301, Hollywood, FL 33021 (954) 454-9001 www.pointoneholdings.com

NEWNAN CROSSING

POINTONE HOLDINGS

DISCLAIMER & CONFIDENTIALITY AGREEMENT

The material contained in this package is confidential, furnished to a limited number of investors and financial institutions solely for the purpose of evaluating an investment as described herein or in the accompanying materials. It is not to be used for any other purpose or made available to any other person without the express written consent of PointOne Holdings (“the Sponsor”). These materials are based in part upon internal information obtained by the Sponsor and from sources the Sponsor deems to be reliable. This package was prepared by the Sponsor and has been reviewed by its representatives. It contains selected information pertaining to the Sponsor and the real estate (the “Property”) and does not purport to

POINTONE HOLDINGS

200 S. Park Road, Suite 301, Hollywood, FL 33021

be all-inclusive or to contain all of the information which prospective lenders or investors may require in order to invest in this transaction. It should be noted that all financial projections are provided for general reference purposes only in that they are based on assumptions relating to the general economy, competition and other factors beyond the control of the Sponsor and, therefore, are subject to material variation. Neither the Sponsor nor any of its respective officers, employees or agents have made any representation or warranty, expressed or implied, as to the accuracy or completeness of this information or any of its contents, and no legal commitments or obligations shall arise by reason of this package or its contents.

(954) 454-9001

www.pointoneholdings.com

CONTACTS

BEN COLONOMOS (305) 491-3542 benco@pointoneholdings.com

DAVID LEWIN (954) 628-3778 dlewin@pointoneholdings.com

LEO PEICHER (954) 628-3780 lpeicher@pointoneholdings.com

CONTENTS 3

EXECUTIVE SUMMARY

NEWNAN CROSSING - THE OPPORTUNITY

PROJECT SUMMARY

DEVELOPMENT AND OPERATIONS PLANS

FINANCIAL ANALYSIS

LOCATION OVERVIEW

AREA MAPS

RESIDENTIAL REAL ESTATE â&#x20AC;&#x201C; THE BIG PICTURE

SPONSORS AND TRACK RECORD

NEWNAN CROSSING

POINTONE HOLDINGS

NEWNAN CROSSING WILL BE PART

OF A 123 ACRE MIXED-USE MASTER DEVELOPMENT TENTATIVELY CALLED NEWNAN CROSSING EAST ... EXECUTIVE SUMMARY

PointOne Holdings (“POH”) is pleased to present a Joint-Venture (“JV”) development investment opportunity with Novare Group. Newnan Crossing (the “Project”) will be a 298-unit CLASS- A multi-family Project with a mix of 3-story “E-urban” apartments, “Big House” units, and for-rent townhomes located in the Metro Atlanta City of Newnan, Georgia.

PROPERTY DETAILS Units 298 Estimated Project Total Capitalization

$44.5 Million

Estimated Development Cost per Unit

$149,000

Newnan Crossing will be part of a 123-acre mixed-use master development tentatively called Newnan Crossing East that will provide the Project’s residents with a truly walkable, interconnected community containing an exciting mixture of retail, office, restaurant and residential space.The community will also include 10 acres of park space and will be organized around an appealing central plaza that will not only be utilized by Newnan Crossing residents and retail customers, but will also serve as a venue to host Newnan community-wide events throughout the year.

Average Unit Size

942 SF

Newnan Crossing fits PointOne Holdings’ investment strategy of targeting proven-value submarkets. The Project presents an opportunity to develop a brand-new, institutional-quality asset. Once completed, sale of the property could generate an equity multiple of 1.80X and IRR of 20 percent. Alternatively, retention of the property and refinancing the debt could lead to annual cash flows in excess of XX percent.

Projected Debt $29 Million 65% Loan to Cost

Over the past several decades, Atlanta’s strong economy, combined with relatively low land costs, has spurred significant industrial development and job creation along the I-85 corridor, which Newnan straddles.

Site Acreage 24.3 Acres Number of Buildings

Projected Equity Raise $15.5 Million 35% of Total Capitalization

NEWNAN CROSSING

POINTONE HOLDINGS

REAL ESTATE

THE BIG PICTURE 20,OOO,OOO

MULTIFAMILY: A GOOD INVESTMENT

Due to high demand, multifamily rents show much less volatility than other CRE property types

•

Multifamily is more nimble, due to shorter-term leases; can respond to market or economic changes and recovers more quickly from downturns In the last 10 years, Atlanta’s suburban renter base has grown faster than any other suburbia in the US*

•

SHIFT TOWARD RENTING

HISTORICALLY LOW HOME OWNERSHIP

NON-TRADITIONAL HOUSEHOLDS POSTPONING MARRIAGE HIGH STUDENT DEBT

Limits on development in suburban areas has created a pent-up demand for multifamily properties

•

More renters across demographic groups, from millennials to baby boomers, are choosing to rent, a trend that is projected to continue through 2030home ownership numbers

ECONOMIC CONDITIONS POINT TO FORMATION OF NEW HOUSEHOLDS • • • •

CAPITAL PRESERVATION CASHFLOW VALUE GROWTH TAX ADVANTAGES

HISTORICALLY LOW LEVELS OF HOME OWNERSHIP

;

67%

•

As of December 31, 2016, home ownership was at an historically low 63.7 percent. Single Family Home prices are raising while credit remains tight for first time home buyers, sharply impacting home ownership affordability and extending Americans’ need to rent

•

Economic conditions, new jobs and immigration continue to encourage the formation of new households - 20 million new households projected between 2015 and 2025tion times and could bring higher charges

•

Increase in non-traditional households, postponing marriage and high student debt supports to formation of more rental households vs. home ownership

;

•

;

NEW HOUSEHOLDS PROJECTED BETWEEN 2015 AND 2025

NEWNAN CROSSING

POINTONE HOLDINGS

MULTIFAMILY: A GOOD INVESTMENT

•

SHIFT TOWARD RENTING Limits on development in suburban areas has created a pent-up demand for multifamily properties

•

More renters across demographic groups, from millennials to baby boomers, are choosing to rent, a trend that is projected to continue through 2030home ownership numbers

• • • •

CAPITAL PRESERVATION CASHFLOW VALUE GROWTH TAX ADVANTAGES

HISTORICALLY LOW LEVELS OF HOME OWNERSHIP

;

•

• ECONOMIC CONDITIONS POINT TO FORMATION OF NEW HOUSEHOLDS •

Economic conditions, new jobs and immigration continue to encourage the formation of new households 20 million new households projected between 2015 and 2025tion times and could bring higher charges

•

Increase in non-traditional households, postponing marriage and high student debt supports to formation of more rental households vs. home ownership

;

Due to high demand, multifamily rents show much less volatility than other CRE property types

;

•

*Source: Rent Cafe

NEWNAN CROSSING

POINTONE HOLDINGS

THE BIG PICTURE

MULTIFAMILY INVESTMENTS - A LOW-RISK ASSET CLASS RISK

EXPLANATION

Interest Rates

Short term rents (typically one year leases) adjust with interest rate increases giving operators more flexibility

New Construction

Most residential new supply is focused in core areas with the highest rental rates not in high-demand suburban locations

Home Ownership

Single Family Home prices are raising while credit remains tight for first time home buyers, sharply impacting home ownership affordability and extending Americanâ&#x20AC;&#x2122;s need to rent

Extreme Risk

Due to the large amount of capital in the market, multifamily residential investments are the most liquid of all real estate asset classes

Operations

Short terms leases and zero tenant concentration mitigates dependence on a single tenant, positively impacting the propertyâ&#x20AC;&#x2122;s performance

Market Volatility

Apartment rents have been less volatile than rents for other commercial property types

Cycle Risk

Given short-term leases Multifamily responds quickly to positive market forces, significantly accelerating the recovery from any potential downturn effects

NEWNAN CROSSING

POINTONE HOLDINGS

THE BIG PICTURE

MULTIFAMILY INVESTMENTS - A LOW-RISK ASSET CLASS MULTIFAMILY

OTHER REAL ESTATE ASSET CLASSES

Lease Duration

Short term leases allow landlords to easily adjust rents as interest rates fluctuate

Tenant Mix

Resident diferent backgrounds and jobs mitigate the landlord’s dependence on one specific job market

No Concemtration

Exposure to “bad”tenants spread over hundreds of leases

Landlord Dynamics

Landlord has stronger leverage in the landlord/tenant relationship

NEWNAN CROSSING

POINTONE HOLDINGS

With the option to sell upon completion, or retain with strong yields as part of the PointOne Holdings portfolio, Newnan Crossing allows POH the opportunity to develop a Class-A property in a growing market. In addition, by building our own project, we will avoid the 20-25% premiums inherent with buying a completed asset from a merchant builder, which will result in a better value proposition and a powerful safeguard for preservation of capital. Target Development Proforma Cap Rate

COWETA COUNTY DELIVERIES

Due to difficult zoning restrictions in the Newnan market, demand for multifamily housing has significantly outpaced supply. Only 500 units have been delivered in Coweta County since 2010 and an average of 100 units delivered per year over the past decade. The lack of recent deliveries and further constraints in supply, combined with the substantial increase in population, has created a shortage of rental options. All existing properties in the submarket are either full or experiencing high occupancies. Newnan Crossing will help satisfy the pent-up demand for apartments in Newnan.

600

500

THE OPPORTUNITY

6.9% 500 Cap rate on Existing New Construction Deals

Avg. 5.5%

400

Implied Capital Preservation Safeguard

300

1.65%

25% Upon completion of the project, POH will have at its sole discretion the option to either sell the property because the market continues to expand or keep the property and enjoy the benefits of a newly built high yielding property.

200

238

Potential Profit Margin

235

2008

2009

100

2010

2011

2012

2013

2014

2015 2016

NEWNAN CROSSING

POINTONE HOLDINGS

THE OPPORTUNITY

FIRST-TOMARKET MIXED USED PRODUCT

Newnan Crossing and the 123-acre mixed-use master development will become Newnan’s newest and only live-work-play community, which upon completion, will feature nearly 270K square feet of office space and 150,000 square feet of retail space along with 21 acres for a city park and community plaza. Newnan Crossing’s entry will be via a landscaped boulevard, and the surrounding community will include restaurants, parks, a grocery store, and a central plaza along with a senior living and townhome development. Newnan Crossing will offer three main unique product types: Rental Townhomes, “Big-House” structures and E-Urban apartments - with 17 floorplans offered in total. All three products are geared towards efficiency, with less un-rentable area than typical gardenstyle apartments. The 298 apartments will feature high-end finishes that match or exceed any competing product in the market at a very reasonable price in relation to comparable product, including: designer interiors with 9 foot ceilings, granite countertops throughout, large square undermount sink in kitchen and bath, garden tubs and walk-in showers, oversized patios/balconies, white subway tile backsplashes in kitchen, luxury vinyl plank wood floors, designer lighting package, contemporary cabinetry and stainless steel appliances. The Property will feature best-in-class amenities including: Resort-style pool with lounge seating pool, spacious clubhouse with internet café with iMac & HP computers and Starbucks coffee bar, top of the line fitness center, poolside gas grilling areas, detached garages, package concierge service, dog park and pet spa, and walking trails.

NEWNAN CROSSING

POINTONE HOLDINGS

INVESTOR SUMMARY Structure Limited Liability Company Estimated Investor Level Returns 5 percent cash-on-cash yield during construction 8 percent cash-on-cash upon stabilization Mid-teens IRRs upon sale in year 7 Distribution Split 8% annual preferred return to Members* then Managing Member receives a 3.43% return Thereafter 70% to Members and 30% to Managing Member

Investment Term:

6 to 8 years

Target Raise:

$14,000,000 +/-

Minimum Investment:

Sponsors Minimum Investment:

$250,000 $500,000

Sponsors Fees:

Acquisition fee of 1.5%

Annual asset management fee up to 1% of deployed equity

Sponsors Principals:

Ben Colonomos, David Lewin, Leo Peicher

Accountants:

Brody & Associates

Attorneys: Carlton Fields Morris Manning & Martin LLP

* (The term Members is used specifically for Limited Liability Companies and is analogous to the term Limited Partners when dealing with Partnerships.)

NEWNAN CROSSING

POINTONE HOLDINGS

PROJECT SUMMARY

PROFORMA TIMELINE

LOCATION Located in Newnan, Georgia, on a parcel situated between Interstate 85, Newnan Crossing Boulevard,and Lower Fayetteville Road. ACREAGE Total site area is approximately

24.3 acres

BUILDINGS

3 townhouse buildings, 7 “Big House” structures, 4 3-story structures 13

22 MONTHS

CONSTRUCTION

FIRST MOVE IN

MONTH

PARKING

526 total parking spaces, averaging 1.77/unit; consisting of 60 private, direct access garage spaces, 36 detached garage spaces, and 430 surface spaces

STABILIZATION

MONTH

ARCHITECT Humphreys and Partners Architects

AMENITIES Leasing center, business center, state-of-the-art fitness center, resort-style pool, outdoor

POSSIBLE DISPOSITION

MONTH

grilling and patio areas, dog park, package delivery center, and walking trails.

PROPOSED DEAL FINANCE STRUCTURE The overall cost target for Newnan Crossing is $44.5 million, or $149,000 per unit (including land) or approximately $159 per rentable apartment square foot. The Project Capitalization will likely include: 65 percent Senior Debt equivalent to $28,925,000 and JV Equity of 35 percent equivalent to $15,575,000.

NEWNAN CROSSING

POINTONE HOLDINGS

DEVELOPMENT BUDGET The 24.3 acre Project site is currently under control by the JV. The propertyâ&#x20AC;&#x2122;s architect, Humphreys and Partners, specializes in efficient apartment products, aiming to provide more rentable/ sellable area than the traditional garden style apartments, as well as a more aesthetically pleasing product. With a mixture of 14 different standalone structures, we will optimize a 22-month construction period by utilizing a phased delivery approach. The overall cost target for Newnan Crossing is $44.5 million, or $149,000 per unit (including land). Hard cost estimates for the project are approximately $30.8 million, which is approximately $103,000 per unit.

DEVELOPMENT BUDGET

Land

TOTAL

$/UNIT

$/SQ. FT

$3,600,000

$12,081.

$12.83

Hardcosts

69%

$30,814,518

$103,404.

$109.83

Softcosts

16%

$6,923,601

$23,234.

$24.69.

$3,161,881

$10,610.

$11.27.

100%

$44,500,000

$149,329.

$158.60

Contingency 14

Total Costs

NEWNAN CROSSING

POINTONE HOLDINGS

DEVELOPMENT & OPERATIONS PLAN The JV expects Newnan Crossing to stabilize at 90 percent occupancy in month 30, at a gross annual total income of approximately $4.5 million and an annual net operating income of approximately $3.1 million which results in a yield on cost of 6.89%. A complete summary of the Newnan Crossing operating pro forma is below: STABILIZED OPERATING PRO-FORMA

Base Monthly Rent

MONTHLY

$/UNIT

$/SQ. FT

95.4%

$384,416

$1290

$1.37

Park Income

0.9%

3,600

0.01

Ancillary Income

3.7%

14,900

0.05

100%

$402,916

$1,352

$1.44

$/UNIT

$/SQ. FT

Potential Monthly Income 19

Gross Annual Income

ANNUAL

100%

$4,834,993

$16,225

$17.32

Less: Physical Vacancy

(241,750)

(811)

(0.86)

Less: Economic Vacancy

(48,350)

(162)

(0.17)

94%

$4,544.894

$15,251

$16.20

Less: Operating Expenses

($1,479,316)

($4,964)

($5.27)

Apartment NOI

$3,065,578

$10,287

$10.93

$3,065,578

$10,287

$10.93

Effective Gross Annual Income

Retail NOI TOTAL NOI

NEWNAN CROSSING

POINTONE HOLDINGS

THRIVING

ATLANTA ECONOMY 07

ATLANTA is considered the unofficial capital of the southeastern United States, a region with a population exceeding 60 million. Over the last decade, the Atlanta MSA population growth rate has exceeded that of the State of Georgia and United States as a whole. Between the 2000 and 2010 Census, the Atlanta MSA population increased an astounding 24.0%.

BETWEEN 2010 AND 2017, ATLANTA’S POPULATION INCREASED 10.5%, A RATE OF GROWTH WELL ABOVE NATIONAL AVERAGES OVER THE SAME TIME PERIOD. ATLANTA’S RAPID POPULATION GROWTH IS EXPECTED TO CONTINUE AS DEMOGRAPHIC MODELS FORECAST 6.7% POPULATION GROWTH BETWEEN 2017 AND 2022 WHEN ATLANTA’S POPULATION WILL APPROXIMATE 6.5 MILLION RESIDENTS. The Atlanta MSA continues to lead the Southeast in job creation. Over the twelve months ending May 2017, Atlanta added 81,900 new jobs, which ranks 3rd nationally and 1st in the Southeast. Assuming demand for one apartment unit is created with the addition of every five new jobs, Atlanta’s current job growth supports the construction of 16,500 units. Spurred by the job creation in Atlanta, the unemployment rate has consecutively decreased for the past four years. Unemployment is currently 4.5% as of May 2017.

NEWNAN CROSSING

NEWNAN

STRATEGIC LOCATION 09

NEWNAN, the county seat and largest city of Coweta County, is located about 30 miles from downtown Atlanta and 20 miles from the Hartsfield-Jackson Airport. Newnan residents enjoy a small town atmosphere, with all of the big city amenities. Newnan’s population has increased 53 percent since the year 2000 and 289 percent within 2 miles of the Project site.

AMONG THE NOTABLE EMPLOYERS IN THE NEWNAN AREA ARE YAMAHA, PIEDMONT HOSPITAL, AND THE CANCER TREATMENT CENTER OF AMERICA, WHICH TOGETHER BRING CLOSE TO 4,000 JOBS TO THE IMMEDIATE AREA. Additionally, driven by the lucrative Georgia film tax credit program, Historic Downtown Newnan has experienced a significant surge in television and movie production.With the completion of the 700-acre Pinewood Atlanta Studios in nearby Fayetteville and the 250,000-square foot film studio called Atlanta Metro Studios, minutes away from the Project, the film industry will continue to drive demand and employment in the Newnan market. The Project’s middle and high schools have all been rated “A” by GreatSchools.com. Each school is located within a 5 mile radius of the Project.

POINTONE HOLDINGS

A NEW BLEND OF RETAIL & ENTERTAINMENT VENUES ALL WITHIN A WALKABLE, COMMUNITY ENVIRONMENT

SITE LOCATION - the Project is part of a master plan development, tentatively named Newnan Crossing East, that will offer a new blend of retail and entertainment venues all within a walkable, community centric environment. Enhancing the walkability of the master development are sidewalks, green space, and parks/community space, including a 10-acre park and a community plaza, neither of which the Project will have to pay for. The plaza will serve as the focal point of the project, and will include an event amphitheater surrounded by fast-casual and high-end dining options that will drive foot traffic for its residential and retail components. The core commercial components of the master development will provide 120,000 square feet of retail and restaurant space. Lidl Grocery, a German based grocery chain with over 10,000 stores throughout Europe will serve as an anchor tenant for the development. With additional senior living and residential townhome properties on site, as well as nearly 270,000 square feet of office space, Newnan Crossing East will serve as both a center of entertainment and commerce for the city of Newnan. In addition, Newnan Crossing’s location provides direct access to the interstate corridor as well as convenient access to approximately 1.7 million square feet of grocery, retail, and dining and entertainment space.

NEWNAN CROSSING

POINTONE HOLDINGS

NEWNAN JOB MARKET With the industrial development boom along the I-85 corridor, Newnan-Coweta is now home to manufacturing and distribution facilities for divisions of Yamaha, PetSmart, Niagara, and Cargill. These facilities alone brought over 3,000 jobs to the immediate area. Just 30 minutes north is Hartsfield Jackson International Airport, which is the largest airport by volume in the country and generated 58,000 jobs in 2016 and supports over 400,000 jobs in the region. To the south in West Point, Georgia is a massive 2,200-acre Kia Auto Manufacturing Plant, which has already generated close to 10,000 jobs. Kia has pledged an additional investment of $1.6 billion in machinery and other equipment over the next 16 years, which is expected to raise the jobs figure by another 10,000.

PROXIMITY TO DEMAND DRIVERS Newnan Crossing is well located within the booming I-85 Corridor, an area of the Atlanta MSA that has recently experienced several large corporate relocations and expansions.

In West Point, Georgia, KIA MOTORS built its first manufacturing site in Nort America. KMMG had an original cost of $1 Billion. It is capable of producing 300,000 cars annually, comprises 2.2 Million square feet, on 2,200 acres. YAMAHA MOTOR MANUFACTURING Corporation’s headquarters employs 1,700 PINEWOOD STUDIOS in Fayetteville, GA is a full service film and entertainment studio complex comprised of 18 sound stages on 700 acres and employs 3,000.

YOKOGAWA CORPORATION employs 360 at its North American HQ, which is less than 3 miles from Newnan Crossing. In 2012, PIEDMONT NEWNAN expanded to better meet the needs of Coweta County residents, opening a state-of-the-art 362,000 square-foot, 136-bed hospital. In 2016, Piedmont Newnan was awarded the Women’s Choice Award as one of America’s Best Hospitals for Patient Safety. It is staffed by more than 1,000 employees with a medical staff of over 400 physicians. PETSMART’S 500K distribution center employs 560

GEORGIA POWER’S Plant Yates supports 250 jobs.

CARGILL CORPORATION employs 400 at meat packaging facility.

HARTSFIELD-JACKSON INTERNATIONAL AIRPORT, which ranks as the busiest airport in the world, is the largest employment center in Georgia with 58,000 employees and is the driving force behind much of Atlanta’s transportation-related employment. Hartsfield- Jackson International has a total payroll of $2.4 billion and a direct economic impact of more than about $32.5 billion for the metro Atlanta area economy.

EGO NORTH AMERICA’S distribution headquarters created 260 jobs in the area.

NEWNAN CROSSING

POINTONE HOLDINGS

LOCATION OVERVIEW

ACCESSIBILITY TO WORLDCLASS HEALTHCARE

THE FILM INDUSTRY IS THE MOST EXCITING EMPLOYMENT DRIVER IN THE AREA.

PIEDMONT NEWNAN HOSPITAL

CANCER TREATMENT CENTERS OF AMERICA

Newly built in 2012 within 2.5 miles of the Project, is a 360,000-square foot facility that offers a complete range of diagnostic, medical and surgical services, including a 24-hour emergency room. The hospital, which already has 1,200 employees, has announced a $1 million expansion to its Neonatal intensive care unit.

Located a few miles from the Project, the hospital is a 212,000 square foot facility which employs 900 and is one of only five facilities of its kind nationwide, the hospital was named one of Atlanta Journal Constitution’s best places to work in metro Atlanta for three consecutive years, ranked #1 among “Largest Workplaces (500+ employees) in 2015, and is currently in phase two of a recent expansion effort that will expand the facility to over 500,000 square feet.

WITH OVER 5,000 TELEVISION, MOVIE, AND PRODUCTION COMPANIES COMBINED, GEORGIA RANKS SECOND NATIONALLY IN THE INDUSTRY. For fiscal year 2016, with 55,000 direct and indirect jobs, the film industry had a combined economic impact in the region of over $9.5 billion. Over the past decade, Newnan has seen the production of box office hits such The Hunger Games as well as the ever-popular TV series, The Walking Dead. PINEWOOD STUDIOS IN FAYETTEVILLE, GA is a full-service film and entertainment studio complex comprised of 18 sound stages on 700 acres and employs 3,000 - with a 480,000-square foot expansion slated to be completed by 2022 . Recently, it has filmed hit movies including Marvel’s Ant-Man, Captain America: Civil War, and Guardians of the Galaxy 2.

FOUNDERS STUDIO a proposed 90-acre, $150 million film and television studio is in the works in Tyrone, Ga. Construction could begin in late 2017, and phase one of the studio, which includes the first two buildings, could be open for business by late 2018. In addition, there will be 250,000 square feet of stage space and 225,000 square feet of office. The project’s master plan includes a mixed-use district with a boutique cinema, restaurants, high-end retail, walking space, parks and a residential component. The design would be reminiscent of Pinewood Forest, a 234-acre “live, work, play” community underway across from Pinewood Studios.

CINEMA SOUTH STUDIOS in north Fayetteville, is a $58 million dollar-project that is expected to create 5,000 jobs in Georgia over the next five years. Completion is expected in Late 2019.

NEWNAN CROSSING

POINTONE HOLDINGS

LOCATION OVERVIEW

NEWNAN RECENTLY APPROVED PLANS TO DEVELOP A 25.5-MILE PEDESTRIAN PATHWAY SYSTEM CALLED ‘LINC’

THE 1830’s RAILROAD TOWN HAS MANAGED TO MAINTAIN ITS HISTORICAL ANTEBELLUM ARCHITECTURE... NEWNAN CROSSING will be located within two miles from thriving historic downtown Newnan. The old railroad town was founded in the 1830’s. Despite the new development and expansion that has taken place in the Newnan, downtown has managed to effectively maintain its historical antebellum architecture, making it a top attraction for both visitors and locals. Due to its character and charm, the city has seen a major renaissance and has received several major accolades in recent years, including Top 10 Best Cities for Young Professionals Near Atlanta.

THE CITY OF NEWNAN recently approved plans to develop a 25.5-mile multi-use pedestrian pathway system called ‘LINC’, which will serve to connect many of the main entertainment and commerce hubs in the city. Similar in concept to the Atlanta Beltline, LINC would run directly through this mixed-use community and connect Newnan Crossing to Downtown Newnan and other landmarks, adding further appeal to an already desirable project.

NEWNAN CROSSING

POINTONE HOLDINGS