A development team of Bridge Investment Group, Blaser Ventures and Lowe Property Group obtained a $170 million refinancing on Post District, a 580-unit apartment complex in Salt Lake City.
Walker & Dunlop New York Capital Markets, led by Aaron Appel, Sean Reimer, Keith Kurland, Jonathan Schwartz, Adam Schwartz, Dustin Stolly, and Jackson Irwin, served as Bridge Investment Group’s exclusive advisor. Fannie Mae provided financing via its near-stabilization program. Walker & Dunlop New York Capital Markets also arranged $157.5 million in loan proceeds to refinance Post District in November 2023.
Post District opened in December 2023 and includes five buildings on the block between 500–600 South and 300–400 West in downtown Salt Lake City. The property offers nearly 26,000 square feet of retail space and 498 parking spaces.
Community amenities include an 8,000-square-foot gym with a resort-style indoor-outdoor pool deck and glass infinity-edge spa, a movie theater, golf simulator, dog wash, community electric bikes, game room, multiple rooftop lounges, grill area, coworking lounge, market, and club room.
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