![\"\"](\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/01\/2012q4submakert-vacancy-trends-MF.jpg\")
<\/a>Located at 2380 Ballantyne Dr., the 997,112-square-foot community is 22 miles from Charlotte, ensuring quick access to the Queen City. The 2006-built property offers one-, two- and three-bedroom units featuring 9-foot ceilings, granite countertops, ceiling fans, energy-efficient central heat and air, wood cabinets and outside storage, among other things. Community amenities include a 24-hour fitness center, saltwater pool, clubhouse, picnic area, grilling stations, a dog park and parking lot.<\/p>\nIn other news, the Catawba County Board of Commissioners has approved architectural plans for the Sherills Ford Branch Library. The 10,000-square-foot library is to be built on 2.5 acres at the intersection of Highway 150 and Sherills Ford Road. The project is expected to break ground in mid-2013 and be completed in 2014.<\/p>\n
The bidding process for selecting a contractor is expected to start soon. Funding for the project was set aside by the Board over several years, accumulating the necessary $2.9 million. Designed by Jenkins-Peer Architect, the building will be brick-clad and feature an atrium entrance, a children\u2019s area and landscaped outside area. Public meeting space will be generous. Plans call for a structure that is both economically and environmentally conscious.<\/p>\n
Photo courtesy of The Village of Ballantyne\u2019s Facebook page<\/em><\/p>\nChart courtesy of Marcus & Millichap<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"Southwood Realty Company, Inc. a privately owned property management company headquartered in Gastonia, NC has secured first mortgage refinancing of $16.5 million for The Village of Ballantyne, Southwood’s 240-unit multifamily property located in Gastonia.<\/p>\n","protected":false},"author":49,"featured_media":1004506012,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1582,21742],"tags":[1815],"class_list":["post-1004065047","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-charlotte","category-latest","tag-national"],"acf":[],"yoast_head":"\n
$16.5M Refinancing Set for The Village of Ballantyne; Library Plans Approved by County - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/16-5m-refinancing-set-for-the-village-of-ballantyne-library-plans-approved-by-county\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"$16.5M Refinancing Set for The Village of Ballantyne; Library Plans Approved by County\" \/>\n<meta property=\"og:description\" content=\"Southwood Realty Company, Inc. a privately owned property management company headquartered in Gastonia, NC has secured first mortgage refinancing of $16.5 million for The Village of Ballantyne, Southwood’s 240-unit multifamily property located in Gastonia.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/16-5m-refinancing-set-for-the-village-of-ballantyne-library-plans-approved-by-county\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2013-01-25T15:37:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-01T10:15:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/the-village-of-ballantyne1.jpg?w=1024\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Eliza Theiss\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/16-5m-refinancing-set-for-the-village-of-ballantyne-library-plans-approved-by-county\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/16-5m-refinancing-set-for-the-village-of-ballantyne-library-plans-approved-by-county\/\",\"name\":\"$16.5M Refinancing Set for The Village of Ballantyne; Library Plans Approved by County - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/16-5m-refinancing-set-for-the-village-of-ballantyne-library-plans-approved-by-county\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/16-5m-refinancing-set-for-the-village-of-ballantyne-library-plans-approved-by-county\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/the-village-of-ballantyne1.jpg\",\"datePublished\":\"2013-01-25T15:37:51+00:00\",\"dateModified\":\"2020-04-01T10:15:31+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/de1353a5de72f96494054df3ecca7de4\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/16-5m-refinancing-set-for-the-village-of-ballantyne-library-plans-approved-by-county\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/16-5m-refinancing-set-for-the-village-of-ballantyne-library-plans-approved-by-county\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/16-5m-refinancing-set-for-the-village-of-ballantyne-library-plans-approved-by-county\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/the-village-of-ballantyne1.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/the-village-of-ballantyne1.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/16-5m-refinancing-set-for-the-village-of-ballantyne-library-plans-approved-by-county\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"$16.5M Refinancing Set for The Village of Ballantyne; Library Plans Approved by County\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/de1353a5de72f96494054df3ecca7de4\",\"name\":\"Eliza Theiss\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/96965f7dc4c1c5276e67c2727672b8636c299791a627dca31fda556cf0db9758?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/96965f7dc4c1c5276e67c2727672b8636c299791a627dca31fda556cf0db9758?s=96&d=mm&r=g\",\"caption\":\"Eliza Theiss\"},\"description\":\"Eliza Theiss is a senior writer reporting real estate trends in the US. Her work has been cited by CBS News, Curbed, The Los Angeles Times, and Forbes among others. With an academic background in journalism, Eliza has been covering real estate since 2012. Before joining PropertyShark, Eliza was an associate editor at Multi-Housing News and Commercial Property Executive. She has also contributed extensively to CommercialEdge. Reach her at eliza.theiss@yardi.com\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/eliza\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"$16.5M Refinancing Set for The Village of Ballantyne; Library Plans Approved by County - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/16-5m-refinancing-set-for-the-village-of-ballantyne-library-plans-approved-by-county\/","og_locale":"en_US","og_type":"article","og_title":"$16.5M Refinancing Set for The Village of Ballantyne; Library Plans Approved by County","og_description":"Southwood Realty Company, Inc. a privately owned property management company headquartered in Gastonia, NC has secured first mortgage refinancing of $16.5 million for The Village of Ballantyne, Southwood’s 240-unit multifamily property located in Gastonia.","og_url":"https:\/\/www.commercialsearch.com\/news\/16-5m-refinancing-set-for-the-village-of-ballantyne-library-plans-approved-by-county\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2013-01-25T15:37:51+00:00","article_modified_time":"2020-04-01T10:15:31+00:00","og_image":[{"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/the-village-of-ballantyne1.jpg?w=1024","width":1024,"height":1024,"type":"image\/jpeg"}],"author":"Eliza Theiss","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/16-5m-refinancing-set-for-the-village-of-ballantyne-library-plans-approved-by-county\/","url":"https:\/\/www.commercialsearch.com\/news\/16-5m-refinancing-set-for-the-village-of-ballantyne-library-plans-approved-by-county\/","name":"$16.5M Refinancing Set for The Village of Ballantyne; Library Plans Approved by County - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/16-5m-refinancing-set-for-the-village-of-ballantyne-library-plans-approved-by-county\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/16-5m-refinancing-set-for-the-village-of-ballantyne-library-plans-approved-by-county\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/the-village-of-ballantyne1.jpg","datePublished":"2013-01-25T15:37:51+00:00","dateModified":"2020-04-01T10:15:31+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/de1353a5de72f96494054df3ecca7de4"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/16-5m-refinancing-set-for-the-village-of-ballantyne-library-plans-approved-by-county\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/16-5m-refinancing-set-for-the-village-of-ballantyne-library-plans-approved-by-county\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/16-5m-refinancing-set-for-the-village-of-ballantyne-library-plans-approved-by-county\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/the-village-of-ballantyne1.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/the-village-of-ballantyne1.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/16-5m-refinancing-set-for-the-village-of-ballantyne-library-plans-approved-by-county\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"$16.5M Refinancing Set for The Village of Ballantyne; Library Plans Approved by County"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/de1353a5de72f96494054df3ecca7de4","name":"Eliza Theiss","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/96965f7dc4c1c5276e67c2727672b8636c299791a627dca31fda556cf0db9758?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/96965f7dc4c1c5276e67c2727672b8636c299791a627dca31fda556cf0db9758?s=96&d=mm&r=g","caption":"Eliza Theiss"},"description":"Eliza Theiss is a senior writer reporting real estate trends in the US. Her work has been cited by CBS News, Curbed, The Los Angeles Times, and Forbes among others. With an academic background in journalism, Eliza has been covering real estate since 2012. Before joining PropertyShark, Eliza was an associate editor at Multi-Housing News and Commercial Property Executive. She has also contributed extensively to CommercialEdge. Reach her at eliza.theiss@yardi.com","url":"https:\/\/www.commercialsearch.com\/news\/author\/eliza\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/the-village-of-ballantyne1.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004065047","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/49"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004065047"}],"version-history":[{"count":2,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004065047\/revisions"}],"predecessor-version":[{"id":1004405374,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004065047\/revisions\/1004405374"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004506012"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004065047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004065047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004065047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![\"\"](\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/01\/the-village-of-ballantyne1.jpg\")
<\/a>property management company headquartered in Gastonia, N.C., has secured first mortgage refinancing of $16.5 million for The Village of Ballantyne\u2014the company\u2019s 240-unit multifamily property located in Gastonia. According to CoStar Group<\/a>, Bill Matone\u2014NorthMarq Capital\u2019s Charlotte Regional Office senior vice president and managing director\u2014arranged the 10-year-term loan, which has a 25-year amortization schedule.<\/p>\n