KBREC Avana Lenox GA
|Deal Type||Fannie Mae|
|Size||$69 Million||Our Role||Lender|
KeyBank Real Estate Capital (KBREC) arranged $69.1 million of Fannie Mae financing for PASSCO Companies, LLC to acquire a multifamily property in Atlanta. Built in 1998 and renovated in 2016, Avana Lenox is a 423-unit apartment complex comprised of 14 four-story residential buildings on 15 acres of land. PASSCO is a real estate investment firm based in Irvine, Calif., specializing in acquiring, developing and managing multifamily and commercial properties throughout the U.S.