Tower Capital arranged two loans totaling $36.95 million for the refinance of Poplin Meadows and Poplin Trace, Phases 2 and 3 of an overall 268-unit Build-to-Rent (BTR) development in Charlotte, NC. Tower worked on behalf of the borrower to secure two-year, floating-rate loans through a debt fund. These loans replace the initial acquisition loan obtained by Tower in July 2021.
Poplin Trace, new luxury townhomes located just outside Charlotte in Indian Trail, North Carolina. Poplin Trace home, you’re getting much more than a place to live. Functionality and craftsmanship boasting high-quality finishes that bring life to the space. A selection of various thoughtfully built three-bedroom townhome floor plans with attached one and/or two-car garages, each providing a unique sense of privacy and area that only Poplin Trace can offer.
