Affinius Capital closed on an $81.3 million loan to refinance Belt and Main, a newly-delivered 350-unit multifamily property with 17,000 square feet of retail space located in Richardson, TX. The loan was made to Catalyst Urban Development. 

Belt and Main features 350 upscale apartments (269 one-bedrooms and 81 two-bedrooms). Select units offer private patios and balconies. Monthly rents range from $1,709 – $2,915.

The community’s amenities include a resort-style pool, grilling stations with open air dining areas, coffee and business areas with Wi-Fi, climate-controlled corridors, a parking garage connected to each building level, on site storage units, and a fitness center.

A JLL team led by Jeremy Sain arranged the financing.

Affinius has completed projects across all commercial real estate sectors. Data center, industrial, multifamily, life science, office, retail and mixed-use; all are included in the company’s portfolio. In addition, Affinius has completed deals in the USA and UK.