Cliff Ayers, director of capital markets of W&D, cited the location’s proximity to HondaJet and the planned Boom SuperSonic facility. “In a challenging construction lending environment, it’s a testament to our client’s commitment and vision to bring a best-in-class apartment community to a burgeoning Greensboro market. We were able to secure above market leverage at 70% loan to cost and non-recourse financing due to the high quality of Sponsorship and product type.”
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