Editors note: A previous version of this story listed an incorrect interest rate. The lender did not disclose the rate.
———-
The Capitol View Apartments in midtown Hartford has gotten $12.65 million in refinancing, lending officials say.
Lender Beech Street Capital LLC, of Bethesda, Md., says it provided the 10-year Fannie Mae conventional loan and a 30-year amortization schedule.
The 264-unit tower opened in 1955 at 600 Asylum Ave., adjacent to the I-84 viaduct, in the city’s historic Asylum Hill neighborhood.
The apartments also are next door to the vacant Capital West office building that is the target of the city’s contested efforts to seize the property through eminent domain.
Capitol View also houses eight retail and office spaces on its ground floor, including a delicatessen.
Since being acquired in 2008, its current owners, who were not identified, have invested nearly $1 million in interior and exterior improvements, Beech Street said.
Beech Street recently led a $4.5 million refi of the 40-unit Hunting Lodge student-housing complex near the University of Connecticut campus in the Storrs section of Mansfield.
