RICHARDSON, TEXAS — Affinius Capital LLC has originated an $81.3 million loan to refinance Belt and Main, a 350-unit community with 17,000 square feet of retail space in Richardson, about 15 miles north of Dallas. Catalyst Urban Development was the borrower. Jeremy Sain of JLL led the team that arranged the financing.
Belt and Main offers a mix of 269 one-bedroom residences and 81 two-bedroom apartments. Units feature quartz countertops, wood-style flooring, stainless steel appliances, custom cabinetry, floor-to-ceiling windows and full-size washer and dryers. Select units also include patios and balconies.
The community offers amenities such as a pool, grilling stations with open air dining areas, coffee and coworking spaces with Wi-Fi connectivity, on-site storage units and a fitness center. The property also features a parking garage that is connected to each building level, as well as climate-controlled corridors.