H.I.G. Realty Partners Originates $85 Million Loan Secured by a 286-Unit Apartment Complex
Retrieved on:
Tuesday, November 16, 2021
Professional Services, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, Banking, H.I.G. Capital, Property, Paulo, Investment, Cape Fear River, BDC, Whitehorse, Sponsor, Acquisition, Liquid Realty Partners, CLO, Northeast Cape Fear River, Security (finance), Financial services, Commercial property, H.I.G. Realty Partners, H.I.G. Capital, Dewitt Carolinas, Inc., H.I.G. REALTY PARTNERS, H.I.G. CAPITAL, DEWITT CAROLINAS, INC.
Realty Partners, has originated a loan to finance Pier 33 (the Property), a 286-unit, newly-developed, Class A, apartment complex located along the Cape Fear River in Wilmington, North Carolina.
Key Points:
- Realty Partners, has originated a loan to finance Pier 33 (the Property), a 286-unit, newly-developed, Class A, apartment complex located along the Cape Fear River in Wilmington, North Carolina.
- The loan was made to Dewitt Carolinas, an established southeastern developer and operator (the Sponsor).
- H.I.G.
- Realty Partners is the real estate platform of H.I.G.