
Childress Klein and Ascentris have obtained a $50 million refinancing for Waverly, a 218,657-square-foot shopping center in Charlotte, N.C. Bank of America issued the note.
Commercial Edge reports that the previous debt consisted of a $42 million loan provided by Regions Bank in 2018. Ascentris acquired a stake in the property that same year. The shopping center opened in 2017.
Located at 7404 Waverly Walk Ave., the retail property is part of a 90-acre mixed-use development that also includes a hotel, medical and office spaces, as well as a residential component. Waverly is about 13 miles southeast of downtown Charlotte, less than 1 mile away from Interstate 485.
 A Whole Foods store anchors the shopping center. Its tenant roster includes Ulta Beauty, Athleta, Pet People and Plant House, among others.
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