Celebration Pointe Partners with ArcisCap on Gainesville Project
ByCelebration Pointe, Gainesville, Fla. rendering
Gainesville, Fla.—Gainesville-based Celebration Pointe Holdings, the sponsor and owner of the Celebration Pointe mixed-use project in Gainesville, Fla., has partnered with New York-based investment firm Arcis Capital Partners to secure a $70 million revolving facility for the development of the project.
“We are very excited to team up with ArcisCap, who have tremendous global capital markets experience, which has enabled us to secure this significant portion of our overall capital stack for the project,” said Ralph Conti, a partner with Celebration Pointe Development Partners & the development manager of the project, in prepared remarks…
Celebration Pointe Partners with ArcisCap on Gainesville Project