Chicago, Illinois – NXT Capital announced today that it closed a $20 million loan to finance the acquisition of 200 Ashford, a five-story, 159,000 square foot, Class A- office building located in Atlanta, Georgia.
200 Ashford is located less than five minutes from GA 400, Interstate 285 and the Dunwoody MARTA station. Property amenities include a café, a fully-renovated fitness center, state-of-the-art conference center and 24/7 onsite security.
C.J. Kelly in the Atlanta office of CBRE placed the loan with NXT Capital.
NXT Capital’s Real Estate Finance group primarily serves experienced real estate investors. It provides non-recourse floating rate first mortgages of $15 million to $75 million on value-add transactions. NXT Capital provides structured financing solutions through its Real Estate Finance and Corporate Finance groups, originating transactions on a national basis.