A joint venture between ECI Group and Central Realty Holdings (CRH) has secured a $48 million senior loan to cash-neutrally refinance NorthPointe Apartments, a class A multifamily property in Greenville, S.C.
Developed by ECI and CRH and completed in 2021, NorthPointe Apartments comprises two adjacent multifamily buildings with 286 residential units spanning more than 248,000 square feet, nearly 21,400 square feet of ground-floor retail space and 597 structured parking spaces. The property features a resort-style pool, 24-hour fitness center, and community room with a full kitchen and outdoor fireplaces. Residential interiors feature stainless-steel appliances, granite countertops and large walk-in closets, and many units offer private balconies overlooking downtown Greenville.
The property is located approximately 1 mile north of downtown Greenville, offering residents walkability to grocery, dining, fitness and service retail. NorthPointe also benefits from access to