Barings Provides $81 Million Debt Package for 440 South Church Acquisition and Repositioning

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CHARLOTTE, N.C.--(BUSINESS WIRE)--Nov 12, 2025--

Barings, one of the world’s largest diversified real estate investment managers, announced today it has originated an $81 million floating-rate bridge loan to a joint venture between Town Lane and Trinity Capital Advisors. The financing will support the acquisition and repositioning of 440 South Church, a 15-story, 388,657-square-foot Class A office tower located in Uptown Charlotte, North Carolina.

“We are pleased to support Town Lane and Trinity Capital Advisors, both highly experienced sponsors with deep familiarity and operational insight into 440 South Church,” said Ryan Naumes, Managing Director with Barings. “This investment reflects our conviction in Charlotte’s rebounding office market and the long-term value creation potential of well-located high-quality assets. The property’s proximity to major employers, vibrant amenities and strong transportation connectivity positions it for success as the market continues to recover.”

440 South Church is located in Charlotte’s Third Ward, within walking distance of Bank of America Stadium, Truist Field and a variety of dining and entertainment options. The building features ground-floor retail, a fitness center, a conference center and tenant access to 450 structured parking spaces. The property is LEED Silver certified and benefits from excellent walk and transit scores.

Town Lane, a boutique real estate investment manager, is investing through its $1.25B fully discretionary closed-end fund investing across asset classes and backed by institutional investors. The acquisition of 440 S Church is the firm’s second office acquisition since the fund launched in 2024. Trinity Capital Advisors, based in Charlotte, has a long history with the asset, having originally developed and managed the property.

CBRE advised the sponsorship on the financing.

This transaction expands Barings’ real estate debt platform, which leverages the team’s broad direct origination capabilities and deep credit expertise to invest in loans secured by institutional-quality commercial real estate.

Barings Real Estate

Barings Real Estate (BRE) is a part of Barings and offers a broad range of global investment opportunities across the private debt and equity investment markets. BRE invests in all major property sectors and offers an expansive range of financing solutions to real estate borrowers. Follow us on LinkedIn at linkedin.com/showcase/barings-alternative-investments.

About Barings

Barings is a $470+ billion* global asset management firm that partners with institutional, insurance, and intermediary clients, and supports leading businesses with flexible financing solutions. The firm, a subsidiary of MassMutual, seeks to deliver excess returns by leveraging its global scale and capabilities across public and private markets in fixed income, real assets and capital solutions.

*As of September 30, 2025

About Town Lane

Town Lane is a boutique, relationship-focused real estate investment manager investing through its fully discretionary, closed-end fund, Town Lane Real Estate Opportunities Fund, which closed in May 2024 with approximately $1.25 billion in commitments from domestic institutional investors.

About Trinity Capital Advisors

Trinity Capital Advisors is a real estate investment firm based in Charlotte, NC, focused on acquiring and developing institutional-grade commercial properties across the Southeast. With over $4.5 billion invested and more than 30 million square feet developed, its portfolio spans CBD office towers, industrial assets, suburban office parks, and mixed-use projects.

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KEYWORD: UNITED STATES NORTH AMERICA NORTH CAROLINA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES COMMERCIAL BUILDING & REAL ESTATE FINANCE CONSTRUCTION & PROPERTY ASSET MANAGEMENT REIT

SOURCE: Barings

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PUB: 11/12/2025 09:00 AM/DISC: 11/12/2025 09:00 AM

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