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Mack lands Refi at 433 East 13th Street

433 East 13th Street (Credit: StreetEasy)

Benenson Capital Partners and Mack Real Estate Group have secured an $81 million loan from Helaba to refinance 433 East 13th Street, CO reported. The mixed-use asset consists of 113 rental units, plus a Trader Joe’s supermarket at its base. 

  • Financing details: The 10-year, fixed-rate financing replaces previous construction debt on the property. 
  • Worth Noting: As an 80/20 development, 20 percent of the apartments have been set aside as affordable. Market-rate units range from $3,250 per month for studios and up to $7,000 for two-bedrooms.

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