SUNNY ISLES, FL-CB Richard Ellis Capital Markets has fixed up financing totaling $69.6 million for Brookchester Apartments situated in Clifton, Richfield Village Apartments located in New Milford and Marina del Mar Apartments situated in Sunny Isles.
The fixed rate financing has a 10-year amortization, 10-year term with an average loan value and low interest rate. The Brunetti Organization owns the three multifamily communities, which total 2,276 units. CBRE has set up the funding through Prudential. For the full story, go to Florida Real Estate Journal.
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