The Real Deal Miami

Green Companies gets $5 million in fixed financing on Hialeah complex

December 23, 2011 02:17PM

CB Richard Ellis Capital Markets has secured $5 million in fixed
financing for the Green Companies on the Green Vista Apartments in
Hialeah. The proceeds were used to purchase a 100 percent interest in
the property from the developer who built the project along with the
Green Companies in 1997. The 94-unit garden-style community is 100
percent leased and includes 79,822 net rentable square feet. CBREs’ Charles Foschini, Christian Lee and Christopher Apone arranged
the financing through Freddie Mac. — Alexander