CBRE Investment Management Fund Provides $ 37.2 Million Loan for Multi-Family Community in Roswell, GA

0

Enclave at Roswell offers a mix of one and two bedroom apartments with units ranging in size from 706 to 1,237 square feet. Community amenities include a swimming pool, fitness center, business center, tennis court, children’s play area, and dog park.

ROSWELL, GA. – A fund sponsored by CBRE Investment Management, formerly known as CBRE Global Investors, has provided a loan of $ 37.2 million to TerraCap Management for the acquisition of Enclave in Roswell, a multi-family community of 236 units in Roswell. Matt Williams and Kyle Schlitt of Newmark arranged the variable rate loan. The loan has an initial term of four years, can extend up to an additional year, and includes future funding for planned TerraCap renovations.

Enclave at Roswell offers a mix of one and two bedroom apartments with units ranging in size from 706 to 1,237 square feet. Units have built-in washers and dryers, walk-in closets, and private balconies in some homes. Community amenities include a swimming pool, fitness center, business center, tennis court, children’s play area, and dog park.

Located at 11251 Alpharetta Highway, Enclave at Roswell is located along Highways Ga. 9 and 400, and approximately 25 miles from downtown Atlanta. The community is also located within two miles of North Point Mall, North Point Mall and Mansell Crossing.

Share.

About Author

Comments are closed.