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Affinius Lends $120M to Refinance Kearny Mesa Luxury Apartments

Affinius Capital LLC closed on a $120-million loan to refinance Elowen, a Class A, 7-story, 302-unit multifamily property located in the Kearny Mesa neighborhood of San Diego. The loan was made to AAA

Summary

Affinius Capital LLC closed on a $120-million loan to refinance Elowen, a Class A, 7-story, 302-unit multifamily property located in the Kearny Mesa neighborhood of San Diego.

The loan was made to AAA Management and was arranged by JLL’s Bryan Clark.

“The Kearny Mesa submarket has demonstrated consistent renter demand, and Elowen is exactly the...

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