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Affinius Capital Secures $113M Loan for Yonkers MF Refinancing

Affinius Capital Secures $113M Loan for Yonkers MF Refinancing

Affinius Capital LLC recently announced the successful closure of a $112.7 million loan for the refinancing of Alexander Crossing, a newly constructed 440-unit multifamily building situated near Yonkers Metro North train station and along the scenic Hudson River waterfront in downtown Yonkers. The joint venture between Rose Associates and Battery Global Advisors received this financing from Affinius Capital.

According to David Greenburg, managing director at Affinius Capital, “Alexander Crossing is an exceptional property ideally located in downtown Yonkers.” This modern complex boasts 440 well-appointed apartments with top-notch amenities such as an outdoor heated pool, fitness center, and residents’ lounge.

With its prime location offering easy access to both downtown Yonkers and Manhattan, Alexander Crossing is poised to attract tenants seeking a dynamic urban lifestyle. Walker & Dunlop’s team comprising Jonathan Schwartz, Aaron Appel, Sean Reimer Keith Kurland Adam Schwartz,and Sean Bastian arranged this financing deal successfully.

The article originally published on Connect CRE highlights how Affinius Capital closed a $113 million loan for refinance purposes without mentioning any specific regions or companies involved.

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