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Atlanta & Southeast  + Carolinas  + Apartments  | 
Mesa West Capital has provided Atlanta-based real estate investment firm Audubon with a $71.5 million first mortgage, floating-rate loan secured by The Cooper, a 344-unit multifamily community in the Charlotte suburb of Mount Pleasant, SC

344-Unit Charleston Multifamily Refinanced for $71.5M

Mesa West Capital has provided Atlanta-based real estate investment firm Audubon with a $71.5 million first mortgage, floating-rate loan secured by The Cooper, a 344-unit multifamily community in the Charlotte suburb of Mount Pleasant, SC. The financing was arranged by CBRE’s Richard Jordan out of Atlanta.

Proceeds repaid an existing loan and feature a future funding component to complete renovations, including the reconstruction of 16 units that were fire-damaged in October 2019.

The Cooper was built in 1986 and acquired by Audubon in December 2020. Audubon has significantly increased cash flow and occupancy through property upgrades and institutional management. Improvements include the renovation of a majority of the property’s units along with updates to the community’s amenities and a refresh of building exteriors.

Located at 331 Harbor Pointe Drive, The Cooper features a mix of floor plans with amenities including a resort-style swimming pool, fitness center, and dog park.    

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About Angela Noote

Angela Noote is a native of Northern California and graduated from Chico State with a degree in public relations. After college she moved to the Central Coast and worked first in ad sales then in editorial, eventually spending more than a decade as a print reporter and editor. She detoured into design work at a printer/publisher, and with a partner eventually opened a boutique full-service marketing agency. Moving into corporate communications, she built and managed several successful marketing teams in the hospitality, financial services, and nonprofit industries. Most recently she was an internal comms manager in the tech sector. After a long stint spent in Georgia (Go Dawgs), she moved to Baton Rouge, LA and has written for clients in the financial, luxury imports, higher ed, commercial cleaning, and medical equipment industries. Her son is a media arts major at the University of South Carolina, and her husband owns a comedy theater in Baton Rouge, where you can often find Angi teaching improv classes, leading corporate training events, or doing an occasional stand up set.

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