New York City (January 2025) – Affinius Capital LLC (“Affinius Capital”) announced the closing of a $34 million loan to AMAC Development to refinance Main & Mill Apartments, a newly-delivered upscale 203-unit multifamily property with 6,400 square feet of retail space located in Lewisville, TX.
Affinius Capital Managing Director Tom Burns commented, “Our financing of Main & Mill aligns with our focus on supporting top-tier multifamily properties across the country. We believe the combination of excellent access to walkable retail in downtown Lewisville paired with the property’s proximity to primary employment centers in the North Dallas region will be well received by the market.”
“We are thrilled to partner with Affinius Capital to refinance Main & Mill Apartments and look forward to collaborating on future projects. Main & Mill Apartments is yet another high-quality rental community developed by AMAC Development in a rapidly growing submarket of Dallas” said Maurice Kaufman, Managing Principal at AMAC.
Main & Mill offers 203 apartments featuring 143 one-bedroom and 60 two-bedroom layouts. Each unit showcases premium finishes, including quartz countertops, wood style flooring, 9’ ceiling heights stainless steel appliances, spacious walk-in closets, full-size washer/dryers as well as patios and balconies on select units. Community amenities include a resort-style pool, fitness center, dog wash stations, a community kitchen, social co-working space, outdoor courtyards, and a parking garage equipped with EV charging stations.
Positioned strategically in downtown Lewisville near I-35E, Main & Mill provides easy access to Dallas and other major employment centers throughout the metroplex including Legacy Business Park and Granite Park.
A JLL team led by Lauren Kaufman arranged the financing.
About Affinius Capital LLC
Affinius Capital® is an integrated institutional real estate investment firm focused on value-creation and income generation. With a 40-year track record and $64 billion in gross assets under management, Affinius has a diversified portfolio across North America and Europe providing both equity and credit to its trusted partners and on behalf of its institutional clients globally. For more information, visit www.affiniuscapital.com.
About AMAC Development
AMAC Development is a national real estate developer with a long-term opportunistic focus in commercial real estate founded on the principles of hard work and discipline. AMAC Development’s entrepreneurial spirit and strong capital commitment have allowed for the successful execution on a wide variety of development opportunities. For more information, contact Jeremy Forman at [email protected].
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