Natixis Provides $53 Million Financing to Refinance Cincinnati Area Class A Multifamily Property

New York, NY, USA, October 21, 2021

Natixis originated a $53 million, five-year, floating-rate loan to Flaherty & Collins to refinance River Haus Apartments, a 192-unit, Class A multifamily property located in Covington less than two miles from downtown Cincinnati.

Flaherty & Collins developed the Property in 2019. The Natixis loan refinanced the initial construction financing.

Since 1993, Flaherty & Collins Properties has completed over $2 billion in development and has an ongoing pipeline of a half-billion dollars in development. Additionally, it manages 76 properties and 12,000+ multifamily units in 7 states across the nation.

The financing was arranged by Daniel Geuther and Michael Slovitt from Berkadia Commercial Mortgage.