[IMGCAP(1)]WASHINGTON, DC-Perseus Realty Capital LLC is positioning its real estate financial services platform to close deals outside of its traditional stronghold in the Mid-Atlantic. The firm just completed a trio of deals in Phoenix for local developer 3 Street Financial, in which it helped the firm raise $36 million in debt and equity for three value add multifamily acquisitions. As another illustration of its growing footprint, Perseus Realty Capital also recently secured $11 million in mezzanine financing on behalf of the Nichols Partnership, a Denver area developer now building a 503-unit , 41-story residential condominium tower in the city’s downtown.

[IMGCAP(2)]The most recent of the three Phoenix multifamily deals is 3 Street’s $15.9 million acquisition of Quail Point, a 264-unit, 12-building apartment complex. Perseus Realty Capital raised $5.2 million in JV equity capital for this deal, according to Tom Howland, who along with Moiz Doriwala, managed the transaction. Last year this complex traded for $15 million.

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