$16,140,000 | CIP Real Estate

Property: Whitehall Technology Center Location: Charlotte, NC Description: Two class A office/flex buildings totaling 204,800 square feet located in a 700-acre master-planned business park. Loan Type: Bridge Acquisition Loan Lender: Money Center Bank Client Benefits: Non-Recourse bank loan to limit sponsor’s risk Low LIBOR floating rate to maximize cash flow Interest only during full term to[…]