Stratton Capital Group Closes $45MM Refinance for Multifamily Development Project

Stratton Capital Group is proud to announce the successful closing of a $45,000,000 refinance for a maturing loan tied to a premier multifamily development in Charlotte, North Carolina, one of the Southeast’s fastest-rising urban hubs.

The project sits in the heart of South End, a district known for its thriving tech corridor, walkable streets, and electrifying mix of historic mill buildings and modern high-rise architecture. Within a short stroll are some of the city’s signature landmarks: the Rail Trail buzzing with cyclists and joggers, the artsy Design Center, and a collection of popular craft breweries that helped define the neighborhood’s culture. With the new expansion of the LYNX light rail steps away, residents enjoy seamless access to Uptown Charlotte’s corporate towers and cultural venues like the NASCAR Hall of Fame and the Levine Center for the Arts.

This refinance allows the sponsor to retire the maturing debt while preserving momentum on the final stabilization phase of the community with over 300 units featuring contemporary interiors, rooftop amenities overlooking the skyline, and ground-floor retail designed to integrate into South End’s vibrant pedestrian experience.

Stratton Capital Group moved quickly to structure a solution that matched the sponsor’s needs: competitive terms, a smooth rollover from the existing lender, and certainty of execution on a tight timeline. The project aligns with our continued commitment to supporting high-quality multifamily assets in markets with strong fundamentals, rapid population growth, and enduring demand from renters seeking urban living with character.

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