Tower Capital arranged two loans totaling $36.95 million for the refinance of Poplin Meadows and Poplin Trace, Phases 2 and 3 of an overall 268-unit Build-to-Rent (BTR) development in Charlotte, NC. Tower worked on behalf of the borrower to secure two-year, floating-rate loans through a debt fund. These loans replace the initial acquisition loan obtained by Tower in July 2021.
Poplin Trace, new luxury townhomes located just outside Charlotte in Indian Trail, North Carolina. Poplin Trace home, you’re getting much more than a place to live. Functionality and craftsmanship boasting high-quality finishes that bring life to the space. A selection of various thoughtfully built three-bedroom townhome floor plans with attached one and/or two-car garages, each providing a unique sense of privacy and area that only Poplin Trace can offer.
Tower Capital arranges custom debt and equity solutions for owners of commercial real estate in all asset classes nationwide.
Tower Capital specializes in sourcing debt and equity placements ranging from $3M to $300M and has arranged nearly $3.5 billion on behalf of our clients. Our group of seasoned professionals provide expertise in real estate brokerage, mortgage banking, securities, private lending, and development – across all real estate asset classes.
Tower Capital’s DNA distinctively leans towards an institutional approach and its team of experienced finance experts anchors the firms’ capabilities. Yet, its culture of entrepreneurship fosters an agile and innovative approach to solving client’s capital requirements.
Tower Capital is the nation’s most respected commercial real estate companies put their trust in Tower Capital to source the best solutions to their debt, equity, mezzanine, and institutional bridge financing needs. Our team-oriented, tactical approach enables us to navigate the capital markets and deliver the most effective solutions for our clients.
