Cambridge Wilkinson closed an $80 million debt facility for a real estate sponsor in the Southeast. This bridge and construction facility will be used to develop a multi-family development on a 600-acre master plan community. Cambridge Wilkinson’s client has purchased more than 28 projects representing more than 2,600 entitled acres and more than 6,000 units.
“We have seen continued demand for both equity and debt capital from prominent Real Estate Firms that have robust pipelines of projects across the country. We are happy to have brought a strategically structured bridge and construction solution to this client, which is designed to grow with their portfolio as they continue to expand. We at CW work with real estate sponsors across all property types and geographies, sourcing capital solutions which allow them achieve their goals” Rob Bolandian, partner and global head of investment banking at Cambridge Wilkinson, said.
