RRA Capital Closes $27 Million Loan to Expand $62 Million Partnership with Emerald City Associates
10/15/24, 4:00 PM
Location
Money
$27 million
Industry
real estate investment
lending
real estate
financial services
Type
partnership
RRA Capital, a Phoenix-based commercial real estate bridge lender and investment firm, has announced the closing of a $27 million loan for the acquisition of a four-property, multifamily portfolio in North Carolina. This transaction expands their partnership with Emerald City Associates (ECA) to a total of $62 million across seven loans in the past five months.