Buford Village Mixed-use
Atlanta, GA
- Property Type / Retail
- Location / Atlanta, GA
- Loan Amount / $5,100,000
- Lender Type / Non-recourse Bridge
- Services / Acquisition Financing
This property was constructed well, but suffered from a low occupancy due to an unfocused seller. A CRECA member, for the new buyer, originated a 3-year non-recourse bridge loan with interest-only payments, extension options and future advances for tenant improvements and leasing commissions.
Hospitality
Hotel Portfolio