Community & Southern Bank, Mallory & Evans Development Partner to Bring Multi-Phased Student Housing Project to Dahlonega

Further bolstering its leadership position in serving local communities and special-interest developments, Community & Southern Bank (CSB), one of Georgia’s most well capitalized banks, has partnered with developer Mallory & Evans Development (M&E) to bring a Class “A” student housing development to Dahlonega, Ga.

As part of the agreement, M&E will activate CSB’s robust commercial lending capabilities to develop a multi-phased project on Morrison Moore Parkway that will bring 108 units with 426 beds to a student community in need of student housing. The first 36 units are expected to be delivered in August 2015.

“CSB has an extensive history in providing developers within the student housing market with powerful, customized lending solutions that support growth in communities that need it most,” says Mark Abernathy, President of Community & Southern Bank. “We are proud that Mallory & Evans Development sees the value in our proven lending performance. We look forward to a long relationship with M&E as we work to further serve the Dahlonega community.

“Working with school staff and community leaders, M&E prides itself on providing custom designed Class “A” fully furnished student housing with on-site professional management, great amenities and extensive security features for College and University students in areas that need them the most,” says John Dixon, CEO of Mallory & Evans Development.

About Community & Southern Bank

Community & Southern Bank (CSB) is one of Georgia’s most well capitalized banks. CSB operates 42 branches in Metro Atlanta and across Georgia’s northern, eastern and western counties and has more than $3.4 billion in assets. CSB’s core purpose is “to passionately invest in our team members, our clients and our communities every day.”

To learn more about Community & Southern Bank, visit www.mycsbonline.com.

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