
Credit
Madison at Harper Place
Charleston, SC
ACRE provided $34,200,000 in bridge financing for a Class A, garden-style multifamily complex in Charleston, SC. Loan proceeds were used to refinance senior debt and payoff preferred equity. The community is ideally located in Charleston’s rapidly growing West Ashely neighborhood which offers residents convenient access to major roadways and amenities.
Transaction Value
Loan Amount
$34.2M