Childress Klein, Cameron Management JV secures $48.5M fefi for 286-unit, Element Barclay Station Apartments, in Wilmington

8/29/2024

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Connect CRE

• Subcategory: Capital Markets: Debt, MF: Market Rate

• Tag: Closing | Operations | Property Management

• Additional Filters-Subcategory: Capital Markets: Debt-Refinance, MF: Garden

A joint venture between Childress Klein and Cameron Management obtained a $48.5 million loan for refinancing the Element Barclay Station, a 286-unit apartment complex in Wilmington, North Carolina. The 12-year fixed-rate loan was secured through a life company.