Walker & Dunlop, Affinius Capital and Clarion Partners have arranged $157.5 million in loan proceeds to refinance Post District, a class A mixed-use complex in downtown Salt Lake City. Post District is part of a three-phase project and consists of 580 residential units across four buildings with approximately 26,000 rentable square feet of retail space.
The teams arranged the transaction on behalf of Bridge Investment Group and Lowe Property Group to repay the existing debt, fund future costs to complete the construction, and repatriate equity to the client as the project continues the lease-up of its newly delivered units.
Post District represents an unparalleled walkable co