Bridge Investment Group & Lowe Property Group Refinances Salt Lake City Multifamily Property For $157.5M With Lenders Affinius Capital, Clarion Partners, And Walker & Dunlop

The multifamily property located at 570 South 300 West in Salt Lake City, Utah has undergone a refinancing transaction. The property consists of 580 units and spans across 535,000 square feet. The loan amount for this refinance deal was $157,500,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $157,500,000
• Units: 580
• Square Footage: 535,000
• Market: Salt Lake City, Utah
• Landlord: Bridge Investment Group & Lowe Property Group
• Lender: Affinius Capital - Michael Lavipour & Tom Burns; Clarion Partners - Drew Fung; Walker & Dunlop - Sean Reimer, Mo Beler, Aaron Appel, Jonathan Schwartz, Keith Kurland & Adam Schwartz

The refinance loan was obtained from multiple lenders involved in the deal. Affinius Capital, represented by Michael Lavipour and Tom Burns, provided a portion of the loan, while Clarion Partners, represented by Drew Fung, also participated. Additionally, Walker & Dunlop, represented by Sean Reimer, Mo Beler, Aaron Appel, Jonathan Schwartz, Keith Kurland, and Adam Schwartz, contributed to the financing of the property.