Equity, construction financing secured for Toringdon apartment project

The apartment project planned for an office park in south Charlotte has moved a step forward. Holliday Fenoglio Fowler arranged equity and financing for the development of Fountains at Ballantyne, a 245-unit apartment development in Toringdon, near Ballantyne. As previously reported by the Charlotte Business Journal, the multifamily project will be developed by local real estate firm Proffitt Dixon Partners. Proffitt Dixon arranged joint venture equity capital with asset-management firm The Carlyle…

from Charlotte Business News - Local Charlotte News | Charlotte Business Journal http://www.bizjournals.com/charlotte/news/2016/08/15/equity-construction-financing-secured-for.html?ana=RSS%26s=article_search