Affinius Capital has successfully secured an $81.3 million loan to refinance Belt and Main, a newly-completed multifamily property in Richardson, TX. The property features 350 units and 17,000 square feet of retail space and was developed by Catalyst Urban Development.
Belt and Main offers upscale living with a mix of 269 one-bedroom units and 81 two-bedroom units. Some apartments also feature private patios or balconies. Monthly rents range from $1,709 to $2,915.
Residents can enjoy luxurious amenities such as a resort-style pool, outdoor grilling stations with dining areas, coffee lounge with Wi-Fi access for business needs,
climate-controlled corridors for comfort during all seasons,
a parking garage on each building level,
on-site storage options,and a fitness center.
The financing was arranged by Jeremey Sain from JLL’s team.
Affinius Capital is known for its diverse portfolio across various commercial real estate sectors including data centers,
industrial properties,multifamily developments,laboratories/offices specialized in life sciences,recreational spaces like retail stores,and mixed-use projects.
Their successful deals span both the USA
and UK markets,giving them global recognition as industry leaders.
This latest refinancing deal further solidifies their expertise in the real estate market.