Quinn Residences announced the closing of a $500 million revolving credit facility led by JPMorgan Chase Bank. An accordion feature permits Quinn to increase the borrowing capacity up to $1.5 billion.
Nate Weyer, Managing Director with Franklin Street Capital, served as sole advisor to the Company on the transaction.
About Nate Weyer:
Nate Weyer has over 20 years of diverse experience servicing the debt, equity and other complex financial needs of commercial real estate investors, developers and occupiers. As Senior Director with Franklin Street’s Capital Advisory Team, he is focused on providing creative capital solutions for private and institutional clients across all asset classes on a national scale.
Mr. Weyer is highly skilled in structuring complex, multi-layered debt and equity products for commercial acquisitions, recapitalizations and new developments across the country. His areas of expertise include conventional commercial and multifamily assets, as well as condominium projects, single-family rental developments, and master-planned development sites for traditional homebuilders.