NXT Capital Funds $29M Acquisition Loan for 336-Unit Apartment Property Near Columbus

by Christina Cannon

LEWIS CENTER, OHIO — NXT Capital has provided a $29 million acquisition loan for a 336-unit apartment property in Lewis Center, approximately 20 miles north of Columbus. Remington Woods is a Class A property that features amenities such as a heated swimming pool, business center, coffee bar, game room, walking trails, fitness center, movie theater and clubhouse. Built in 2014, Remington Woods offers one- and two-bedroom units. Chad Kiner of NXT Capital arranged the financing. The borrower and terms of the loan were not disclosed.

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