Brief
RISE Obtains $101M Bridge Loan for Jax Apartments
BWE secured a $101 million bridge loan with HPS, a part of BlackRock, to refinance RISE at Glen Kernan Park, a newly delivered 308-unit luxury active adult (55+) community in Jacksonville, Florida. BW
Summary
BWE secured a $101 million bridge loan with HPS, a part of BlackRock, to refinance RISE at Glen Kernan Park, a newly delivered 308-unit luxury active adult (55+) community in Jacksonville, Florida.
BWE’s Andy Effler headed up a team made up of Sam Miller, Conor Lee, Paul Smith, Chad Kiner and AJ Mangan.
The non-recourse, floating-rate...
Source
- Connect CREconnectcre.com
