ACRE Provides $34.2M Loan to Madison Capital for Refinance of ‘Madison at Harper Place’ in Charleston, SC.

ACRE Credit recently provided a $34.2 million bridge loan to MADISON CAPITAL GROUP, LLC to refinance a newly constructed, Class A, garden-style multifamily property consisting of 186 units in Charleston, SC. Madison at Harper Place is ideally located in Charleston’s rapidly growing West Ashley submarket and benefits from proximity to several major employers, convenient access to I-526 and two major roadways, as well as a plethora of retailers.