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McClain Companies Breaks Ground on The Cottages at Lake Charles

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McClain Companies Breaks Ground on The Cottages at Lake Charles

PR Newswire

LAKE CHARLES, La., Aug. 23, 2018 /PRNewswire/ -- McLain Companies, a diversified development, construction, and lease management company based in Lafayette Louisiana, has started construction on their cutting edge, real estate rental concept, The Cottage at Lake Charles.

This $15 million-dollar community is located on Lafanette Rd. near the corner of Country Club Rd. and Elliott Rd. and includes 94 single family homes that will be available to rent.  The living environment includes a clubhouse, business center, pool with cabanas, a pet park, and lakes.  This development will bring a new rental option to the city of Lake Charles.  The Cottage at Lake Charles is the third development of its kind in Louisiana.

McLain has teamed up with ERI, a private equity group based in Boston, Massachusetts, and Hancock Whitney Bank to obtain the capital and financing for the project.

The first cottage homes are expected to be ready to lease in the spring of 2019.  For more detailed information, visit www.mclaincompanies.com or call 337.456.4690.

 

Cision View original content:http://www.prnewswire.com/news-releases/mcclain-companies-breaks-ground-on-the-cottages-at-lake-charles-300701724.html

SOURCE McLain Companies

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