Lenders Scour Carolinas for Refi

CRE refinance deals in the Carolinas will also be robust in the coming years, Capital Advisors prez Cooper Willis tells us. Thanks to "the number of maturing loans as well as the continued interest among permanent lenders for product in the Southeast," he says.
The interest from lenders includes most property types, but multifamily, naturally, still leads the pack. Recently Capital Advisors oversaw a $22M refi for 288-unit Riverland Woods Apartments in Charleston. The borrower, Riverland LLC, obtained 10-year loan with a 30-year amortization schedule through Walker & Dunlop.

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