Charter Stone Capital Acquires $11 Million Shopping CenterNews | February 2, 2015
Kutak Rock LLP attorneys Kate Starick, Hillary Ellis and Chris Heroux of the firm’s Denver office represented Charter Stone Capital in an $11 million acquisition of a shopping center in Round Rock, Texas. The transaction was financed through a commercial mortgage-backed securities (CMBS) loan.
Charter Stone Capital acquired the property from a special servicer in a distressed asset auction. The Kutak Rock team assisted the client with all aspects of the acquisition, including due diligence and financing.
Charter Stone Capital is a real estate investment fund that acquires and develops real estate throughout the nation. The company’s diversified real estate platform places an emphasis on the education sector, including charter schools, private schools, post-secondary schools and early education facilities.