Chicago, Illinois – NXT Capital announced today that it provided a first mortgage loan to finance the acquisition of Lakeside Centre, a six-building office park in Tucker, Georgia.
The office park is located in northeast Atlanta, adjacent to I-285, Hwy-78 and Hwy-29, near Northlake Mall and Tucker Meridian Shopping Center. Building amenities include a fitness center, lake views, walking trails, café, conference room, on-site management, an on-site bank with a drive thru and 24/7 security.
NXT Capital’s Real Estate Finance group primarily serves experienced real estate investors. It provides non-recourse first mortgages of $10 million to $40 million for major-market properties with initial DSC greater than 1.0X. NXT Capital provides structured financing solutions through its Real Estate Finance and Corporate Finance groups, originating transactions on a national basis.