$15,000,000 Floating Rate Loan 

kenton-circle-pictureAltman Warwick arranged a $15,000,000 LIBOR-based floating rate loan for a term of ten years secured by a Class-A office complex known as Kenton Circle in Charlotte, NC. The class A complex consists of 3 office buildings totaling 135,757 sf located within the affluent Lake Norman suburb of Charlotte, NC. Major tenants include Bank of America/Merrill Lynch, Wells Fargo and IMG Worldwide. The floating rate loan featured an exceptionally low spread of 150 bps over 30-day LIBOR with no floor.

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