Citibank Provides $12 Million Acquisition Loan For Retail Asset In Matthews NC

10046 East Independence Boulevard

$12,000,000

Building Size

—

Asset Type

Retail

Closing

Dec 18, 2025

AI

The property asset involved in this transaction is situated at 10046 East Independence Boulevard in Matthews, NC. The retail asset is associated with a loan amount of $12,000,000, designated for acquisition purposes.

Summary of transaction details:

Property Type: Retail
Transaction Amount: $12,000,000
Lender: Citibank
Landlord's Representative: Morris Betesh, Jack McPhail, Alex Ellman & Joseph Kean - Arrow Real Estate Advisors
Date: 12/19/2025

The key individuals involved in this deal include the representatives from Arrow Real Estate Advisors, who facilitated the transaction for the landlord. Their participation denotes a collaborative effort in securing the acquisition loan from Citibank.

Players