Valor Residential Group has closed on a $46.2 million refinancing loan for Brant Portfolio, which consists of three Class B communities in Fayetteville, N.C. KeyBank Real Estate Capital’s Income Property Group issued the one-year bridge financing.
The loan retires a previous $51.5 million permanent note issued by Franklin BSP Realty Trust in 2022.
Valor Residential acquired all three assets in 2022, in a portfolio deal with Brant Point Properties, for a total of $54 million…