Affinius Capital LLC has successfully completed a $165.7 million loan refinancing for three multifamily properties in Columbus, Ohio. The loans were secured by Thrive Companies, a reputable developer based in Columbus.
According to David Greenburg, Managing Director of Affinius Capital, Thrive Companies is an exceptional sponsor with extensive knowledge of the Columbus multifamily market. The portfolio consists of three communities: The Thomas at Grandview Crossing, The Sage at Jeffrey Park and Tillmore at Quarry Trails.
The Thomas at Grandview Crossing is a contemporary apartment complex with 310 units located within the 55-acre mixed-use development known as Grandview Crossing that also includes retail and office space. Similarly situated within Jeffrey Park – a 41-acre mixed-use urban development less than one mile from Downtown Columbus – is The Sage at Jeffrey Park offering another 310 units. Lastly, nestled within the serene surroundings of a sprawling 180-acre park lies Fillmore at Quarry Trails featuring unique living accommodations for its residents.
This successful transaction marks yet another milestone in Affinius Capital’s partnership with Thrive Companies as they continue to thrive (no pun intended) in this growing market by attracting more residents through their well-positioned portfolios.