CHARLOTTE (April 20, 2015) – Bill Matone, senior vice president/managing director of NorthMarq Capital’s Charlotte based regional office finalized refinancing for two multifamily properties located in Rock Hill, South Carolina and Gastonia, North Carolina for a combined $34.8 million.
Brentwood Chase Apartments: This 436-unit multifamily property received financing of $21.8 million. The property is located at 1654 Lowell Bethesda Road in Gastonia, North Carolina. The transaction was structured with a 10-year term and 30-year amortization schedule.
Cowan Farms: This 248-unit multifamily property received financing of $13 million. The property is located at 1310 Cypress Point Drive in Rock Hill, South Carolina. The transaction was structured with a 10-year term and 30-year amortization schedule.
