Naples apartments sell for $67 million

Advenir Inc., an Aventura-based multifamily investment firm whose portfolio contains assets valued at $2.3 billion, has acquired the Aventine at Naples apartments for $67 million.

Advenir financed the purchase of the 350-unit complex with a $52.2 million, fixed-rate loan from Freddie Mac arranged by Berkadia Commercial Mortgage LLC.

Berkadia Senior Managing Director Charles Foschini says Advenir was able to qualify under Freddie Mac's “green rewards program,” which provides favorable financing terms for energy saving initiatives, because it is planning a series of lighting upgrades.