SALT LAKE CITY, UT—CBRE Capital Markets' Debt & Structured Finance team has arranged $51 million in financing for the acquisition of a two-property, 628-unit multifamily portfolio located in greater Salt Lake City.
The properties included in the transaction are:
- Miller Estates, located at 4929 South Lake Pines Drive, Murray, Utah; 294 units.
- Layton Meadows, located at 540 West 1425 North, Layton, Utah; 334 units.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
