GREENWICH, CT-Greenwich Place and Greenwich Oaks, two class Amultifamily properties owned byLCOR, have received $96 in financing, according toHFF, who arranged the deal.

Working on behaf of LCOR, HFF placed two fixed-rate loans withNew York City-based Allianz Real Estate of Americafor the 396 units. A $55 million loan was arranged forGreenwich Place and a $41 million loan was secured for GreenwichOaks. The properties were previously unencumbered withdebt.

According to HFF, Greenwich Place and Greenwich Oaks are locatedtwo miles apart close to Interstate 95 about 35 miles north of NewYork City. Greenwich Place is situated on 30 acres at 311Putman Green. The property consists of 266 one-, two- andthree-bedroom units that average 1,312 square feet each. Greenwich Oaks is located on 29 acres at 219 Weaver Street and has130 two- and three-bedroom units that average 1,850 square feeteach. Community amenities at each property include aclubhouse, heated pool and fitness center. Both propertieswere renovated in 2010 and 2011.