(To read more on the debt and equity markets, click here.)
ATLANTA-The 368-unit MetroPointe Lofts student housing projecthas received $75.8 million in financing from Philadelphia-basedCapmark Finance Inc.
The financing, issued to Technology Housing LLC, was used torepay a construction and mezzanine loan. The loan will have a fixedinterest rate for the first year. In subsequent years, the interestrate will be adjustable.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
