Charlotte’s 284-unit multifamily community secures $54.11 million construction loan

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Berkadia has arranged $54.11 million in construction financing for Gateway at Charlotte Park, a new 284-unit market-rate apartment community in Charlotte.

Gateway at Charlotte Park will be built by a joint venture between Coral Reef Investment Properties and Brown Investment Properties.

Greensboro-based KMW Builders will be the contractor, with Charlotte-based Housing Studio, PA serving as the architect.

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