NATIONAL FOOTPRINT

Backed by a century’s worth of knowledge and expertise, Cronheim Mortgage provides a vast array of real estate services, including debt and equity for investment grade real estate. By leveraging the strong correspondent and/or servicing relationships we have cultivated with our institutional investors, including many insurance companies, we have continuously had access to substantial debt and equity capital to invest in quality real estate at pricing well below alternative sources, especially for long-term debt. We stand out from our competitors with our strong debt servicing portfolio, currently in excess of $2,000,000,000.  Moreover, through our Channel Real Estate Funds affiliate, we have efficiently and cost-effectively provided mezzanine and equity capital for numerous real estate assets. We have placed debt/equity and serviced in 30 states, and continue to capitalize on new opportunities.

REPRESENTATIVE TRANSACTIONS

To view more of our hospitality representative transactions, please visit our hospitality branch, CRONHEIM HOTEL CAPITAL, at http://www.chccapital.com/

Ballantyne Village - Charlotte, NC

Updated: Sep 12, 2018


Cronheim Mortgage secured a non-recourse bridge loan for the acquisition and lease-up/repositioning of Ballantyne Village, located at the corner of Ballantyne Commons Parkway and Johnston Road in Ballantyne, Charlotte, NC.

The client, a NYC-based retail operator in partnership with a California-based institutional capital management firm, acquired the property with a value-add investment strategy.

Located at one of the four corners of the Monuments at Ballantyne, Ballantyne Village is an entertainment, dining and service-focused retail center that serves the Ballantyne Corporate Park complex across the street and the affluent surrounding residential population. Ballantyne Corporate Park, which is comprised of 4MM SF of Class A office space plus four hotels and the Ballantyne Golf Club, recently sold for $1.2B, the largest real estate transaction in Charlotte history.

 

© 2018 by Cronheim Mortgage. Proudly created by FedUp Digital.

  • Cronheim Mortgage LinkedIn