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• Sacramento Area Retail Center Lands $16.75 mil Refi
1/09/23
Market Place at Town Center, a 134.6k sf retail center in El Dorado Hills, CA, landed a new refi loan for $16.75 mil. El Dorado Hills is a suburb of the Sacramento MSA.
The property is located at the intersection of Hwy 50 ...
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• Golden Bee Properties Locks Up $21 Mil in New Loans on Two Res Portfolios
1/06/23
Golden Bee Properties has secured new financing on two multifamily portfolios. The assets consist of a combined 105 units and are located throughout Long Beach and Los Angeles.
Zalmi Klyne with Northmarq arranged the new fl...
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• AZ Build-to-Rent Development Lands $30 Mil in Construction
12/27/22
A joint venture between Blue Vista Capital Management and Family Development secured $30 mil in construction money for Villas Litchfield Park, a planned, 153-unit, build-to-rent community development in Phoenix.
Upon comple...
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• Commercial Real Estate Financing Briefs
12/27/22
Sonnenblick-Eichner Company -- Sonnenblick-Eichner Company arranged $22 mil of non-recourse first mortgage financing for the leasehold interest in the Doubletree by Hilton Los Angeles-Commerce, a 201-room hotel located in the...
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• Commercial Real Estate Financing Briefs
12/23/22
Cushman & Wakefield -- Lovett Industrial has secured $23.26 mil in construction financing for Broadway Logistics Center, a 201.3k sf, best-in-class industrial project in northwest Denver. The property is located in the city’s...
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• Thousand Oaks Retail Center Refinanced with New Loan for $84.7 Mil
12/19/22
Janss Marketplace, a 456.4k sf, grocery-anchored regional retail center in Thousand Oaks, has been refinanced with a new loan for $84.7 mil. The center, located at 165-401 N Moorpark Rd, near the 101 Fwy in the Conejo Valley,...
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• Sacramento’s Esquire Plaza Lands $19.5 Mil Refi
12/16/22
Esquire Plaza, a 22-story, 307k sf Class A office tower anchoring Sacramento’s Governmental Affairs District skyline, was refinanced with a new loan for $19.5 mil. Notable tenants include the Associated Press, California Buil...
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• New 586-Unit OR Res Project Moving Forward with $55 Mil Loan
12/16/22
Parkview Financial has provided a $55 mil loan to Stacy Allison Way Holdings LLC, an entity of West Coast Home Solutions, for the refinance and construction of a two-phased multifamily project totaling 586 units on 19 acres i...
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• Boardwalk Investments Group Lands $245 Mil Refi on Mixed CA Portfolio
12/15/22
Boardwalk Investments Group has secured $245 mil in refi money on a CA portfolio that includes: an iconic Napa Valley hotel property; three Class A coastal Orange County retail centers; a Class A multi-housing community locat...
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• Seattle Res Development Lands $110 Mil Refi
12/14/22
Low Tide Properties and Continental Properties LLC have secured $110 mil in refinancing on Met Tower, a 366-unit, luxury multifamily project in downtown Seattle. The development, located at 1942 Westlake Ave, offers residents...
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• Monterey Office Property to be Converted into Workforce Housing
12/13/22
A suburban office property in Monterey, CA will be converted into workforce, multifamily housing as an adaptive reuse project. The property, covering 7.23 acres at 2300 Garden Rd, will be redeveloped to provide 64 one- and tw...
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• Commercial Real Estate Financing Briefs
12/09/22
JLL Capital Markets -- Aldon Cole and Brad Vansant with JLL Capital Markets arranged $20.6 mil in acquisition financing and joint venture equity for 2425 Auto Park Way, an 88.7k sf corporate headquarters and distribution faci...
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• DivcoWest Picks Up 130k sf Office Building in San Diego
12/07/22
DivcoWest has obtained $40 mil in financing for the acquisition of Northridge Summit, a 129.9k sf, Class A office building in San Diego.
Completed in 2000, Northridge Summit is fully leased to an AA+ credit technology tenant...
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• CapRock Partners Building 270k sf Industrial Facility in Pomona
12/06/22
CapRock Partners has obtained $50 mil in construction money for the construction of a 269.7k sf industrial facility in Pomona. Greg Brown, Peter Thompson and Sam Godfrey with JLL Capital Markets arranged the non-recourse cons...
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• Investor Group Secures $30 Mil to Buy Out San Jose Mobile Home Park
12/01/22
An investment partnership has obtained $30 mil to buy out a 315-unit mobile home park in San Jose. The all-ages community offers three laundry rooms, a clubhouse, heated pools, billiards room, a private conference room, and a...
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• Universe Holdings Refis 56-Unit Res Property in La Mesa
11/18/22
Universe Holdings has secured a $10.75 mil refi loan on Chateau Spring Terrace, a 56-unit multi-housing community located in La Mesa. The ten-year, fixed rate loan was arranged by Charles Halladay, Jonah Aelyon, Jolie Zhou an...
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• Texas Res Project Lands $56 Mil in Financing
11/18/22
Construction of a new, 350-unit garden-style apartment complex in Bexar County, TX is set to move forward now that $56 mil of financing has been secured for the project. The financing covers 98.2% of the total cost of the pro...
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• Planned Inland Empire Truck Terminal Project Lands $25 Mil in Construction Money
11/10/22
A Los Angeles real estate firm has secured $25 mil in construction money for the development of a 53.3k sf, Class A truck terminal situated on 10.5 acres in Perris. The unnamed borrower has specialized in entitling, developin...
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• Bay Area Life Sciences Portfolio Lands $213 Mil Refi
11/09/22
A five-building, 326k sf life sciences portfolio in the Bay Area Peninsula cities of South San Francisco and San Carlos has been refinanced in a $213.4 mil transaction. The assets are owned by an affiliate of GI Partners.
Th...
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• Colorado Res Property Recapitalized in $32 Mil Deal
11/09/22
River Run Apartments, a 117-unit multifamily community in Avon, CO, was recapitalized in a $32 mil financing deal. The property, strategically positioned on the Eagle River with near equidistant access to the Vail and Beaver ...
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