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AMAC Scores Refi on Lewisville Apartments
Affinius Capital closed on a $34 million loan to AMAC Development to refinance Main & Mill Apartments, a newly delivered upscale 203-unit multifamily property with 6,400 square feet of retail space in Lewisville, TX. The firm closed on a $29.3 million construction loan from Truist for a construction loan back in 2022.
A JLL team led by Lauren Kaufman arranged the financing.
Main & Mill offers 203 apartments, including 143 one-bedroom and 60 two-bedroom layouts. Each unit showcases patios and balconies on select units. Community amenities include a resort-style pool, fitness center, dog wash stations, a community kitchen, social co-working space, outdoor courtyards, and a parking garage equipped with EV charging stations.
AMAC has acquired and developed more than $3 billion of multifamily properties in diverse primary and secondary markets in states such as Florida, Maryland, New York, North and South Carolina, and Texas.
- ◦Financing