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Evolve Inks $49M Refi for Greenville Rental Asset

NewPoint Real Estate Capital provided a $49 million bridge loan for the refinance of Evolve at the Pines Apartment Homes, a 288-unit multifamily property located in Greenville, North Carolina. Evolve

Summary

NewPoint Real Estate Capital provided a $49 million bridge loan for the refinance of Evolve at the Pines Apartment Homes, a 288-unit multifamily property located in Greenville, North Carolina.

Evolve at the Pines Apartment Homes is a brand-new community situated near East Carolina University.

The 24-month interest-only loan was tailored to provide the borrower with...

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