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

The Centers Of High Point Portfolio, a commercial asset located in North Carolina, has been involved in a recent loan transaction.

Summary of transaction details

• Property Type: Commercial
• Transaction Amount: $29,642,857
• Loan Type: CMBS
• Loan Terms: 5 Year fixed-rate; non-recourse

The lender for this transaction was Deutsche Bank. The loan was facilitated by Eli Serebrowski, Morris Betesh, Morris Dabbah, and Jacob Petrovic from Meridian Capital Group.

It is worth mentioning that the Center Point Portfolio consists of several properties, including Center Point on Manning (324 E Russel Ave), Center Point of Hamilton (309 E Russell Ave; 401-421 & 416 South Hamilton St), Center Point on Centennial (400-418 E Russell Ave; 403-445 South Centennial St; 401-432 Tate St), Center Point on Russell (319 South Centennial St), Center Point on Field House (411 Manning St), and Center Point 212 (212 E Russell Ave).