AloStar has provided a $4.4 million loan to Blue Horseshoe Acquisitions Group to support its acquisition of Atlanta-based Roswell Oak, an office complex. No financial terms were disclosed.
ATLANTA (December 29, 2016) – – AloStar funded a $4.4 million loan for the acquisition, by Blue Horseshoe Acquisitions Group, of an office complex in the Sandy Springs area of Atlanta. The property, named Roswell Oaks, is a collection of five Williamsburg-style, multi-story buildings that total 43,084 square feet.
“We’re thrilled to support Blue Horseshoe Acquisitions Group,” said David Hudson, managing director of AloStar Real Estate Finance. “The property is in a great area in a market with potential for steady growth.”
About AloStar Capital Finance
AloStar Capital Finance offers needed capital and counsel to business leaders across America who are creating their own success stories. Through our Business Credit, Lender Finance and Real Estate Finance platforms, we create customized lending solutions for customers with capital requirements between $5 million and $20 million. AloStar Capital Finance is a trade name of AloStar Bank of Commerce, Member FDIC. For more information, visit www.AloStarBank.com.