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Rubenstein Mortgage Capital Announces $37.8 Million Financing For Esplanade At Southpark In Charlotte, Nc

Nov 10, 2021almost 4 years ago

Amount Raised

$37.8 Million

Charlotte

Description

Rubenstein Mortgage Capital (including its affiliates, "RMC"), a private mortgage lending platform focused on debt investments secured by U.S. transitional office assets, announced that one of its affiliates funded a $37.8 million first mortgage loan collateralized by Esplanade at SouthPark, a 213,324-square-foot, Class-A office building located at 2101 Rexford Road, in Charlotte, North Carolina.

Company Information

Company

Rubenstein Mortgage Capital

Location

Charlotte, North Carolina, United States

About

RMC is the investment platform of Rubenstein Partners focused on mortgage lending, debt investments, and capital markets activity. RMC provides fully discretionary balance sheet lending solutions for transitional office investors and office project developers seeking non-recourse first mortgage financing up to 80% of the capital structure. RMC provides flexible loan terms, directly originates new loans, and asset manages all its investments.

Funding Insights

Based on industry data
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