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Chicago-Based Pearlmark Closes on Senior Mortgage Loan for North Carolina MF
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Chicago-Based Pearlmark Closes on Senior Mortgage Loan for North Carolina MF
Chicago-based Pearlmark closed on a $19.9 million debt investment to finance the acquisition of The Bridges of Cabarrus, a 2021-vintage garden-style multifamily community comprising 144 units across seven three-story buildings in Kannapolis, North Carolina. The investment was originated and structured on behalf of Pearlmark Realty Senior Mortgage Partners I, L.P. The property was acquired by ...
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