**Affinius Capital Closes $212M Refinance Loan for The Overlook at St. Gabriels in Boston**
Affinius Capital LLC has closed a $212-million loan to refinance The Overlook at St. Gabriels, a newly constructed, five-building, Class A multifamily community located in the Brighton neighborhood of Boston. The financing was provided to a joint venture between Blue Vista and Cabot, Cabot & Forbes, with additional support from a junior mezzanine loan provided by Siguler Guff & Company.
The Overlook at St. Gabriels incorporates the restored historic St. Gabriel’s monastery and church, alongside three newly built residential structures. The development includes a total of 555 rental units, offering a diverse mix comprising 163 studios, 169 one-bedrooms, 190 two-bedrooms, 32 three-bedrooms, and one four-bedroom residence.
Perry Katz, Senior Vice President at Affinius Capital, commented, “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. The development is well amenitized and expected to continue attracting young professionals and graduate students seeking premier housing options.”
