Clemons Lofts Deal Further Expands Sweetwater Capital’s Reach
Sweetwater Capital is continuing to strengthen its first quarter with the loan closing of Clemons Lofts, a six-story, mixed-use building in downtown Chattanooga, Tennessee. “The borrower was shaking up the status quo by taking a stabilized multifamily property and converting it to a short-term rental property,” said Scott Yerkes, Sweetwater Capital vice president. “Without existing…