### Argenic Secures $60.7M Refinancing for Altair at Riverwalk
Argenic has secured a $60.7 million refinancing for Altair at Riverwalk, a 378-unit garden apartment community located at 1575 W Riverwalk Dr. in West Haven, Utah.
Northmarq’s Salt Lake City Debt + Equity team, led by Ben Vroman, Nate Barnson, and Bracken Ostler, arranged the financing. The bridge loan was structured with a two-year term.
Built between 2021 and 2023, Altair at Riverwalk offers one-, two-, and three-bedroom apartment units. Each unit includes a personal patio or balcony, a kitchen with a pantry and prep island, spacious walk-in closets, an in-unit washer and dryer, and available garage options.
The community features a variety of amenities, including a playground, a pet-friendly environment with a pet park and pet wash, on-site management, a splash pad, an outdoor lounge, a residential clubhouse, and a pool and spa.
