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Home / Inside Tract / Greystone Arranges $30.3M Bridge Loan for Grubb Properties’ Class-A Office Repositioning in Charlotte (access required)

Greystone Arranges $30.3M Bridge Loan for Grubb Properties’ Class-A Office Repositioning in Charlotte (access required)

Greystone, a leading national commercial real estate lending, investment and advisory firm, today announced the closing of a $30.3 million bridge loan made to an affiliate of Grubb Properties, Inc. The loan is a 3.5-year, floating-rate bridge loan originated by Timbercreek Asset Management (U.S.) LLC to finance the recapitalization and lease-up of 1515 Montford Park, a ...

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