Assignment
Trimont was engaged by a major global investment bank to provide asset management and servicing on a $10 million mezzanine loan.
Asset
TradeMark Condominiums is a 28-story luxury high-rise condominium tower in the Third Ward of Charlotte, NC’s Uptown area. Completed in 2007, the tower consists of ground floor retail, two floors of office space, and 25 floors containing 202 contemporary, loft-style residences. The property occupies a full block on West Trade Street between Poplar and Mint Streets, just two blocks from the intersection of Tyron and Trade Streets, which is considered the city’s center. The project is within easy walking distance of Bank of America Stadium (NFL Carolina Panthers), Time Warner Arena (NBA Charlotte Bobcats), and the NASCAR Hall of Fame Museum. Units range in size from 480 sf to 2,358 sf, with one 4,907 sf penthouse. All units feature massive 10-foot floor-to ceiling windows with balconies that provide stunning views of downtown Charlotte and the distant Blue Ridge Mountains.
Insights
- The NASCAR Hall of Fame Museum is located within walking distance of the building.
- The building’s swimming pool features a walk-through waterfall.