**Affinius Capital Provides $148.5M Refinancing for San Diego High-Rise**
Affinius Capital LLC has closed a $148.5 million loan to refinance 800 Broadway, a newly constructed Class A high-rise multifamily property located in Downtown San Diego. The 40-story tower features 389 residential units and 4,830 square feet of commercial space. The financing was arranged for an affiliate of Diamond Realty Investments, Inc. by a Northmarq team led by James Currell.
“800 Broadway represents an exciting and newly built multifamily development in Downtown San Diego offering exceptional views and walkability to nearby commercial and retail amenities,” said Tom Burns, Managing Director at Affinius Capital. “This is Affinius Capital’s first transaction with Diamond Realty Investments and we look forward to expanding the relationship further.”
The residential units include 356 market-rate apartments and 33 affordable units, ranging from studio and one- to two-bedroom units, as well as three-bedroom penthouses. The building is LEED Gold Certified and features resort-style amenities. Conveniently located for commuters and travelers alike, 800 Broadway offers access to public transit, Interstate 5, and San Diego International Airport.
