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Barings Finances Harborwalk at Plymouth Station Phase II


Barings Finances Harborwalk at Plymouth Station Phase II
Barings Continues to Execute on Apartment Strategy through Debt Financing
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CHARLOTTE, N.C., April 22, 2021 /PRNewswire/ Barings, one of the world s leading financial services firms, announced today that it has committed to finance a mezzanine development loan for phase II of the Harborwalk at Plymouth Station project, a suburban multifamily development in Plymouth, Massachusetts, a suburb of Boston. This investment was secured for a Barings equity strategy, which permits select amounts of debt investment exposure.
This commitment follows Barings initial mezzanine construction financing for phase I of the project in 2018, demonstrating Barings continued conviction in the project and in its suburban garden style apartment investment thesis. We are eager to participate in Phase II, as Phase I proved our underwriting with strong leasing and market ....

United States , Chris Berry , Fred Hawrysh , Asia Pacific , Prnewswire Barings , John Ockerbloom , Philip Adkins , Janco Development , Plymouth Station , Estate Debt , Portfolio Manager , North America , ஒன்றுபட்டது மாநிலங்களில் , கிறிஸ் பெர்ரி , ஆசியா பெஸிஃபிக் , ப்லிமத் நிலையம் , எஸ்டேட் கடன் , போர்ட்‌ஃபோலீயோ மேலாளர் , வடக்கு அமெரிக்கா ,