SUNNY ISLES, FL-CB Richard Ellis Capital Markets has fixed upfinancing totaling $69.6 million for Brookchester Apartmentssituated in Clifton, Richfield Village Apartments located in NewMilford and Marina del Mar Apartments situated in Sunny Isles.
The fixed rate financing has a 10-year amortization, 10-yearterm with an average loan value and low interest rate. The BrunettiOrganization owns the three multifamily communities, which total2,276 units. CBRE has set up the funding through Prudential.For the full story, go to Florida Real EstateJournal.
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