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DANIA BEACH, FLA. — Affinius Capital has provided a $75 million loan for the refinancing of Soleste SeaSide, a 340-unit property located at 4 N. Federal Highway in Dania Beach, about five miles south of Fort Lauderdale, Florida. Jonathan Schwartz, Adam Schwartz and Tom Melody of Walker & Dunlop arranged the financing on behalf of the borrower, The Estate Cos.
Soleste SeaSide rises eight stories and offers a mix of studio, one-, two- and three-bedroom apartments. The property also features parking, a health club with a yoga/spin room, 12,800 square feet of retail space and a pool with cabanas and daybeds. The Estate Cos. developed the community in 2023 in partnership with Merrimac Ventures.