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Affinius Secures $144M for SoCal Multifamily Construction

The developers behind a 408-unit multifamily project in Southern California have secured construction financing shortly after breaking ground earlier this month. Affinius Capital closed a $144 million

Summary

The developers behind a 408-unit multifamily project in Southern California have secured construction financing shortly after breaking ground earlier this month.

Affinius Capital closed a $144 million loan for the housing project called the Carina in Santa Ana, Calif.

, according to JLL Capital Markets, which represented the borrower. QuadReal provided the three-year, floating-rate loan. The […]

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