Local developer Draper & Kramer snagged a $43 million refinance on its newly-completed luxury apartment complex in the Gold Coast, which continues to attract high-end rental and co-op construction.
Athene Annuity & Life Assurance Company provided the debt on the 58-unit property, which opened to tenants in June, property records show.
Called 61 Banks Street, the complex has units that range in price from $7,200 a month to $8,100 a month. Amenities at the Booth Hansen-designed building include lounge access, a fitness center and a doorman, along with stone countertops.
About a quarter of the development was leased before the scheduled move-in date, Curbed previously reported.
Draper could not be immediately reached for comment.