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Advenir Secures $191M Financing for Six MF’s in Three States
Aventura, FL-based Advenir, Inc. secured $190.873 million in financing for six apartment communities comprising 1,843 units in Texas, Alabama and Colorado. The seven-year, fixed-rate loans in six separate transactions were arranged through Freddie Mac.
Two of the transactions were acquisition financing, and the remaining four transactions were refinances from floating- to fixed-rate loans.
HFF’s Eric Tupler, Josh Simon, Cortney Cole, Chip Sykes and Matthew Putterman represented the borrower.
The properties included:
– Advenir at Mayfield, a 300-unit property at 3200 Bromley Pl. in Midland, TX
– Advenir at The Meadows, a 320-unit property at 5101 N. A St. in Midland, TX
– Advenir at Stone Park (pictured), a 480-unit property at 6160 E. Sam Houston Parkway North in Houston
– Advenir at Wynstone, a 258-unit property at 6464 E. Sam Houston Parkway North in Houston
– Advenir at Station 121, a 255-unit property at 2000 2nd Ave South in Birmingham, AL
– Advenir at Bear Valley, a 230-unit property at 3550 S. Kendall St. in Denver
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Financing
- ◦Sale/Acquisition

