Seven Hills Realty Trust Provides $25.3M Loan For Atlanta & Fayetteville Storage Facilities
Seven Hills Realty Trust provides $25.3M loan for industrial properties in Atlanta & Fayetteville
Summary
Seven Hills Realty Trust has provided a $25.3 million refinancing package for two storage facilities in Atlanta and Fayetteville, Georgia. The properties are owned by Castle Hill Investors, represented by Robert Stern, and Olympus Ventures LLC, represented by Kevin Bergman. The loan transaction took place on October 25, 2023. The assets involved in this transaction are industrial properties located in the Atlanta and Fayetteville markets.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $25,300,000
- Lender: Seven Hills Realty Trust
- Landlord: Robert Stern - Castle Hill Investors & Kevin Bergman - Olympus Ventures LLC
Robert Stern, a representative from Castle Hill Investors, and Kevin Bergman, a representative from Olympus Ventures LLC, played key roles in this transaction. The loan provided by Seven Hills Realty Trust will help secure the refinancing of the two storage facilities owned by Castle Hill Investors and Olympus Ventures LLC in Atlanta and Fayetteville, Georgia.
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