Edgewater Ventures, Ridge Real Estate Partners & East West Partners Secure $60M Refinance From Nuveen For 295-Unit Multifamily In Apex NC

The asset involved in this transaction is a multifamily property located at 1821 Chatham Flats Drive in Apex, NC, consisting of 295 units. The loan amount secured for this property is $60,000,000, and it has been classified as a refinance loan. The lenders for this transaction are Nuveen.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $60,000,000
• Address: 1821 Chatham Flats Drive
• Market: Apex, NC
• Units: 295
• Lender: Nuveen
• Landlord: Edgewater Ventures, Ridge Real Estate Partners & East West Partners
• Brokers: Adam Schwartz, Michael Brown, Jason Schwartzberg, Walker Layne, Jonathan Schwartz, Aaron Appel, Dustin Stolly, Sean Reimer & Keith Kurland - Walker & Dunlop

The transaction involved key representatives from various firms, specifically the brokers from Walker & Dunlop, who played a critical role in facilitating the refinance loan. These brokers include Adam Schwartz, Michael Brown, Jason Schwartzberg, Walker Layne, Jonathan Schwartz, Aaron Appel, Dustin Stolly, Sean Reimer, and Keith Kurland, representing their clients effectively throughout the process.