Affinius ramping up lending prominence in Garden State
If it’s a day ending in ‘y,’ Affinius Capital is probably doling out a big loan. This time, the recipient was a joint venture of PCCP, Claremont Development and Stanbery Development Group. The partners scored a $188 million loan to refinance the District 15Fifteen complex in Parsippany, New Jersey, the Commercial Observer reported. The property at 1515 Route 10 East in the affluent suburb opened last month. It includes three buildings, stretching along 13 acres. Two of the buildings contain a combined 498 multifamily units, while the third is fully devoted to 59,000 square feet of retail space. Amenities at […]
This article originally appeared on The Real Deal. Click here to read the full story.
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