There are 4 floor models available ranging from 867 to 1,608 SF which all feature wood-burning fireplaces and upgraded kitchens. ConAm acquired the property March 2nd, 2009 for $32.0M or $91.5k per door from iStar Financial with $20.2M new debt with Freddie Mac originating through GEMSA Loan Services (a CBRE/GE Real Estate joint-venture) with the debt maturing 3/1/16.
This debt was modified to $24.6M and assigned to Freddie Mac 12/16/10 and finally released 1/27/11. The buyer has put $20.3M down with $25.3M in financing with Fannie Mae originating with CBRE Multifamily Capital. CBRE is also reported to have brokered the deal.