A rendering of Scannell Properties’ project in Jacksonville, FL. A rendering of Scannell Properties’ project in Jacksonville, FL.

BOSTON—CrossHarbor Capital Partners, a locally-based investment management firm, has closed a $142-million first mortgage construction financing package, comprised of six separate cross-collateralized loans for the development of a six-property industrial portfolio in Florida, Georgia and Texas.

The loans were originated by the firm’s recently launched CrossHarbor Senior Debt Income Fund, which is based in Chicago. The fund partnered with National Life Group to provide Scannell Properties of Indianapolis with the construction financings.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

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