Chicago, Illinois – NXT Capital announced today that it closed a $21.4 million loan to refinance 2000 RiverEdge, a 234,000 square foot, Class B office complex in Atlanta, Georgia.
2000 RiverEdge is situated atop the highest point in Fulton County providing excellent views of the Atlanta skyline, Atlanta Braves stadium and the Chattahoochee River National Recreation Area. Tenant amenities include a conference facility, fitness facilities, cafe and storage.
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.