Capital One provided financing on the Woodland Business Park acquisition, according to Charlotte Business Journal reporting relayed by Connect CRE.
GID has purchased nine buildings and one vacant parcel in Charlotte's Woodland Business Park for $119.5 million, Connect CRE reported, with La Caisse as the seller.
Capital One provided financing for the acquisition, the Charlotte Business Journal reported, as relayed by Connect CRE.
Reported by the Deals desk from Connect CRE and Charlotte Business Journal. Published . Corrections
One is a completed commitment for retail acquisitions and development; the other is a registration with no strategy disclosed and no dollars sold.
Greystone's $167 million Miami stack used an impact fund loan, tax credits and a Freddie Mac forward, with no bank in the group.
Berkadia arranged the three-year, floating-rate loan for the second phase of EDGE Collective, which adds 330 units and 19,000 square feet of retail.
City National Bank of Florida's $82.1 million construction loan to the buyer is $3.2 million larger than the price.
Nearly 30 offers came in for the 2014-vintage property, which Cushman & Wakefield marketed for Mountain States Properties.
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