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Of the units, 70 percent will be designated as affordable.
The coffee chain's goal is to make the brand feel like it's a part of American's lifestyle.
The largest property traded for $102.6 million.
As of December 3, the property was 65 percent leased.
It will use 300 megawatts of power from public utility entities, Central Virginia Electric Cooperative (CVEC) and Dominion Energy.
The new stadium will hold 67,000 seats.
The Class A portfolio includes 9,578 units.
The financing was secured through multiple loans.
The hotel plans to refinance $1.18 billion in past mezzanine and CMBS debt.
Terra and Frisbie Group's plan would set aside a total of 1.16 million square feet for development.