TUCSON-Nevins Adams Lewbel Schell has refinanced a 300-unitluxury apartment complex here through HUD’s Section 223(a)(7)program. CBRE’s direct HUD FHA lender, CBRE HMF, Inc. provided the$23.7 million loan for Finisterra Apartment Homes.

Located at 6795 East Calle La Paz, Finisterra Apartment Homesoffers a mix of one, two and three bedroom units ranging from 670square feet to 1,300 square feet. Monthly rents range from $750 to$1,089.

Finisterra Apartment Homes is one of three properties that SantaBarbara, CA-based NALS owns in the Tucson area. The firm also ownsSonoran Terraces in Tucson and Saddle Ridge in Oro Valley. Intotal, NALS’ portfolio consists of more than 14,000 apartmentunits.

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