McDowell Street Flats
600 S McDowell St, Charlotte, NC 28202, USA
240 units in South End, 92% occupied. New supply of about 1,800 units within a mile is pressuring concessions; sponsor posted a 12-month interest reserve.
Call the relationship manager- Loan balance
- $23,600,000
- Risk rating
- Pass
- Maturity
- Nov 1, 2029
- LTV %
- 67
- DSCR
- 1.25