Thompson Place Apartments

Charlotte, NC

Deal Overview

Inner Circle Capital Advisors is pleased to announce the successful closing of a cash-out refinance for Thompson Place, a multifamily community located in Charlotte, North Carolina.

This transaction marked a key milestone in the property’s business plan, executed two years after acquisition. Through disciplined asset management and targeted capital improvements, the team raised net operating income by 50% while completing strategic capex programs to enhance the long-term appeal and durability of the asset.

The refinance was structured to:

  • Unlock forced equity appreciation through a cash-out event

  • Provide immediate cashflow stability

  • Position ownership to capitalize on Charlotte’s tightening supply-demand fundamentals, with new apartment deliveries projected to decline significantly from 2026–2028.

Inner Circle Capital Advisors arranged the Key Principal (KP) sponsorship necessary to qualify for the loan, ensuring seamless execution and alignment with lender and Freddie Mac requirements.

This transaction reflects Inner Circle  Advisors’ ability to structure creative financing solutions, deliver on business plans, and position clients for long-term success in evolving market conditions.

Capital Advisors: BJ Simpson and Jaideep Chadha

Transaction Details

Loan Amount

$7,149,000

Term

5 Years

Prepayment

3-2-1-1-1

Rate

6.01%

Recourse

Non-Recourse