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Quinn Residences Announces New $500 Million Revolving Credit Facility with Accordion up to $1.5 Billion

Quinn Residences announced the closing of a $500 million revolving credit facility led by JPMorgan Chase Bank. An accordion feature permits Quinn to increase the borrowing capacity up to $1.5 billion.

JPMorgan Chase Bank, N.A., BMO Harris Bank N.A., and M&T Bank were the Joint Lead Arrangers and Joint Bookrunners, with JPMorgan Chase Bank, N.A. as Administrative Agent. BMO Harris Bank N.A. and M&T Bank also served as Syndication Agents. Flagstar Bank, N.A. was a Documentation Agent while Royal Bank of Canada, Synovus, and The Bank of Nova Scotia also participated in the Facility.  Nate Weyer, Managing Director with Franklin Street Capital, served as sole advisor to the Company on the transaction.

“We appreciate the support and thoughtfulness from our investors and bank group who recognize the long-term vision of our modern single-family rental business,” said Richard Ross, Chief Executive Officer of Quinn. 


Inside The Story

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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