Cambridge Wilkinson ("CW") closed an $80MM debt facility for a long track record real estate sponsor in the Southeast United States. This bridge and construction facility will be used to develop a multi-family development on a 600-acre master plan community. Our client has purchased more than 28 projects representing 2,600+ entitled acres and 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 to scale their platforms" said Rob Bolandian, Partner and Global Head of Investment Banking at Cambridge Wilkinson.