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Atlanta & Southeast  + Southeast  + Apartments  |  November 11, 2021
Chapel View apartments in Chapel Hill, NC
Lisa McDuffie
By: Lisa McDuffie

Gindi Equities Acquires Chapel Hill Multifamily with $30M Loan

Cushman & Wakefield has arranged a $30.3-million acquisition loan on behalf of Gindi Equities for Chapel View, a 224-unit apartment community located in Chapel Hill, NC.

Blake Cohen, Mike Ryan and Brian Linnihan of Cushman & Wakefield’s dquity, debt and structured finance team secured the three-year loan through Harbor Group International Commercial Funding, LLC.

The property on Homestead Road is 80% leased and includes one- and two-bedroom units with an average size of 838 square feet. Amenities include a basketball court, clubhouse, cyber café, dog park, fitness center and swimming pool.

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Cushman & Wakefield

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.
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