Bella Vita Apartments

Transaction Details

Essex Financial Group arranged a $13.53 million non-recourse loan for an 8 story multi-family property called Bella Vita. The complex is located at 1470 South Havana Street in Aurora, CO. Bella Vita is an 86 unit 55+ (age qualified) apartment community that offers a variety of one and two bedroom units to those 55 years or older.

Our Solution

Ed Boxer and Michael Salzman arranged the fixed-rate, non-recourse financing. The 10-year fixed-rate loan was placed with Fannie Mae.