Affinius Funds $212M Refinancing for Newly Constructed Boston Apartments

Affinius Funds $212M Refinancing for Newly Constructed Boston Apartments
Affinius Funds $212M Refinancing for Newly Constructed Boston Apartments

**Affinius Capital Secures $212M Refinance for The Overlook at St. Gabriels in Boston**

Affinius Capital LLC has closed on a $212 million refinancing loan for The Overlook at St. Gabriels, a newly constructed, five-building, Class A multifamily community located in the Brighton submarket of Boston. The financing was secured for a joint venture between Blue Vista and Cabot, Cabot & Forbes, with additional junior mezzanine funding provided by Siguler Guff & Company.

The Overlook at St. Gabriels features a total of 555 residential units, blending historic architecture with modern design. The development includes the thoughtfully restored St. Gabriel’s Monastery and Church, complemented by three newly built residential buildings. The apartment mix consists of 163 studios, 169 one-bedroom units, 190 two-bedroom units, 32 three-bedrooms, and one four-bedroom apartment, accommodating a range of housing needs.

“The Overlook at St. Gabriels is one of the highest quality apartment communities in Boston’s Brighton submarket and ideally located near top universities such as Boston College, Boston University, and Northeastern University,” said Perry Katz, Senior Vice President at Affinius. “The development is well amenitized and expected to continue attracting young professionals and graduate students seeking premier housing options.”

The project stands out not only for its unique blend of historic charm and modern living but also for its proximity to major educational institutions, bolstering its long-term rental appeal in the competitive Boston market.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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