River Place

Closing Date: January 2018
Exit Date: March 2022

SCP provided a preferred equity investment to a well-established developer to execute on a mixed-use residential/retail project that had pre-sold 50% of the condo units and pre-leased 45% of the retail.

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Investment Details

Investment Type

Development Projects

Property Type

Mixed Use Development

Market

Wilmington, NC

Size (SF/Units)

31,430 sf Commercial / 171 residential units