Deutsche Bank Provides $29.6M CMBS Loan On Centers Of High Point Portfolio In North Carolina

The Centers Of High Point Portfolio located in North Carolina has recently undergone a closed transaction. Deutsche Bank provided a loan of $29,642,857 in the form of a CMBS loan. The loan terms are set at a 5-year fixed-rate with non-recourse. The portfolio consists of several commercial properties including Center Point on Manning, Center Point of Hamilton, Center Point on Centennial, Center Point on Russell, Center Point on Field House, and Center Point 212.

Summary of transaction details

• Property Type: Commercial
• Transaction Amount: $29,642,857
• Lender: Deutsche Bank
• Brokers: Eli Serebrowski, Morris Betesh, Morris Dabbah & Jacob Petrovic - Meridian Capital Group
• Loan Type: CMBS
• Loan Terms: 5 Year fixed-rate; non-recourse

The Meridian Capital Group played a key role in this transaction by representing the buyers, sellers, landlords, or tenants involved in the deal. The professionalism and expertise of Eli Serebrowski, Morris Betesh, Morris Dabbah, and Jacob Petrovic from the Meridian Capital Group helped facilitate the successful completion of this transaction.