Eller Capital Partners Secures $58 Million Refinance Loan From Bridge Investment Group In North Charleston

The transaction involves a multifamily asset located at 7930 Saint Ives Road & 2225 Greenridge Road in North Charleston, SC. A refinance loan of $58,000,000 was arranged, enabling financial flexibility for the involved parties.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $58,000,000
• Lender: Bridge Investment Group
• Landlord: Eller Capital Partners
• Brokers: Walker Layne, Matthew Wallach, Stephen West, Austin Sneed & Tyler Roberts - Walker & Dunlop
• Loan Type: Refinance

Walker & Dunlop facilitated the arrangements for the loan on behalf of Eller Capital Partners, implementing a floating-rate, interest-only bridge loan to refinance the properties known as Ellevate St. Ives and Ellevate North Charleston.