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Shoreham Capital has acquired Infinity Apartment Homes, a 227-unit community in Arlington, Va. The company bought the property from Capital Investment Advisors for $51 million.

Manufacturers and Traders Trust Co. originated a $35.7 million Fannie Mae loan to finance the purchase, according to public records. The note is set to mature in 2029.

Completed in 1959, Infinity Apartment Homes has undergone multiple upgrades, including modernized interiors and enhanced security systems. The property comprises two buildings with studio, one-, two- and three-bedroom layouts ranging from 300 to 1,228 square feet. Shared amenities include a swimming pool, fitness center, resident lounge, business center and grade-level parking with 227 spots.