DALLAS—Amalfi Stonebriar, a 395-unit, class A multifamily community in Frisco, has traded hands.
The buyer, Pure Multi-Family REIT LP, worked with HFF to arrange $45 million in financing. The seller was undisclosed.
Working on behalf of the borrower, HFF placed the 12-year, fixed-rate loan with TIAA-CREF. Loan proceeds were used to acquire the property. Reps with HFF were unable to offer further comment by press time.
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