Advenir Completes $172 Million Refi for Denver, Houston Portfolio
Pictured: Advenir at Eagle Creek in Humble, TX.Florida-based Advenir Inc. has refinanced a portfolio of apartment properties for $172.8 million, including three complexes in the Denver area and two near Houston.
Advenir worked with HFF to secure seven-year, fixed-rate loans through Freddie Mac’s capital markets execution program for five properties at an average interest rate of 4.27 percent. The loans were used to refinance existing floating-rate…
