Aareal Capital Provides $75 Million Bridge Loan For Society At Laurens Multifamily In Charleston NC

The asset involved in the transaction is Society at Laurens, a newly built luxury apartment complex consisting of 148 units located at 31 Laurens Street in Charleston, NC. The property has secured a significant financing arrangement to facilitate its operational stability.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $75,000,000
• Loan Type: Bridge
• Lender: Aareal Capital
• Landlord: Southern Land Company
• Broker: Walker & Dunlop
• Loan Date: 08/25/2025

The transaction was enabled through a three-year bridge loan, allowing Southern Land Company to retire their construction debt. Walker & Dunlop played a key role in arranging the loan for this property.