H.I.G. Capital Provides $85M Loan For 286-Unit Multifamily In Wilmington, NC

901 Nutt Street

MultiFamily

209,088 SF

Financed 1 year ago

Summary

Loan

NORTH CAROLINA

MultiFamily

209,088 sqft

The multifamily property located at 901 Nutt Street in Wilmington, North Carolina has undergone a recent closed transaction. The property consists of 286 units and is part of the vibrant Wilmington market.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $85,000,000
Address: 901 Nutt Street, Wilmington, North Carolina
Market: Wilmington, North Carolina

The lender for this transaction was H.I.G. Capital, represented by Michael Mestel. The loan amount for this transaction was $85,000,000. Dewitt Carolinas served as the landlord for the property.

Players

All
1

Lenders
1

H.I.G. Capital

Details

Deal Summary

FINANCED

IMAGE: Michael Mestel DATE: 11/16/2021 ADDRESS: 901 Nutt Street MARKET: Wilmington, North Carolina ASSET TYPE: Multifamily ~ UNITS: 286 LENDER: H.I.G. Capital - Michael Mestel LANDLORD: Dewitt Carolinas LOAN AMOUNT: $85,000,000

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Address901 Nutt Street

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