ATCO Properties & Management closed on a $66 million refinancing for Kinship, the first multifamily buildings to rise at Camp North End, a 76-acre adaptive reuse development located just north of Uptown Charlotte.
ATCO secured a three-year bridge loan from Benefit Street Partners. Mark Gallinaro of WelcomeLend sourced and secured the financing. Partners within the Kinship project include opportunity zone funds sponsored by Tishman, Altes Capital, and Blueprint Local.