The New York-based company provided a $10 million loan for the acquisition and renovation of 276-unit Serenity Apartments in Greensboro.
The Charlotte-based firm has almost finished work on Ellison on Broad, the company’s first community in the area.
The company originated a $26 million loan for Waypoint Residential, which used the financing to acquire Waterlynn Ridge Apartments in Mooresville.
The company established a joint venture with a local developer to build the 115-unit, Class A apartment building in Winston-Salem.
To support the demand for its services in the region, the company also added multifamily specialist Janette Hendershott as regional manager.