| AZ Housing Community Financed with $9.5 Mil Loan
HFF has arranged $9.5 mil in financing for The Traditions, a Class A, 160-unit multi-housing community in Mesa, AZ.
The Traditions is situated on 7.65 acres at 4450 East Southern Ave, approximately 25 miles southeast of down...
| Sunroad Enterprises Lands $165 Mil in Financing on Two Upscale San Diego Apartment Properties
Sunroad Enterprises is refinancing two new luxury apartment complexes in San Diego with $165 mil in short-term first mortgage debt originated by Mesa West Capital. Sunroad developed and owns the two assets, situated in the ci...
| Mosser Capital Acquires Six-Property LA Res Portfolio with Six Loans Totaling $42 Mil
Mosser Capital has secured three separate five-year, floating-rate loans totaling $42.33 mil on a six-property, 222-unit multi-housing portfolio in Los Angeles. The loan proceeds were used acquire the properties, upgrade comm...
| KMG Properties Buys 168-Unit Res Property in Phoenix
San Diego-based KMG Properties purchased Villas on Bell, a 168-unit, garden-style multifamily property in Phoenix, for $24.6 mil ($146.4k/unit). The deal was financed with $12.7 mil in Fannie Mae acquisition money.
| Walker & Dunlop Arranges $86 Mil on Four-Property AZ Portfolio
Walker & Dunlop Inc structured three loans totaling $86 mil for a four-property portfolio consisting of two Class A office buildings and two industrial warehouses in Phoenix, Tempe, and Scottsdale, AZ.
The portfolio comprise...
| San Jose Multifamily Asset Refinanced with $200 Mil Loan
The Woods, a 1,841-unit landmark multifamily property in San Jose, was refinanced with a new loan of $200 mil.
Located at 4300 The Woods Drive, the property offers studio, one-, two- and three-bedroom floor plans. Within Th...
| NoHo Office Building Financed with $68 Mil Loan
J.H. Snyder Company has landed $68 mil in bridge financing for 5250 Lankershim Plaza, a Class A office building North Hollywood’s NoHo District.
The building is a state-of-the-art, LEED-Gold certified, nine-story, 179k sf b...
| Lionstone Investments Refinances Four Santa Monica Assets with $57 Mil Loan
Lionstone Investments has refinanced two mixed-use properties and two creative office assets in Santa Monica with a new loan of $57.2 mil. The properties, totaling 126.6k sf of space, are located at 401 Santa Monica Blvd, 134...
| AZ Medical Office Property Lands $13.2 Mil in Financing
Newmark® has arranged $13.265 mil in permanent financing for La Ronde Centre, a 110k sf medical office property in Sun City, AZ. The property, which also includes some retail space, was awarded the 2016 NAIOP Medical Redevelo...
| Upscale Santa Monica Res Property Financed with $31.5 Mil Freddie Mac Loan
Kort & Scott Financial Group has secured $31.5 mil in financing for Chelsea Santa Monica, a luxury residential and retail property one block from the beach in Santa Monica. The 53-unit asset is located at 1318 2nd St, north o...
| CA Res Portfolio Lands $156.5 Mil in Fannie Mae Money
Realty Center Management recently obtained $156.56 mil in Fannie Mae financing for a portfolio of four multifamily properties throughout California. Branden McBirney, Garrett LaBar and Vickie Wible with Berkadia arranged the ...
| Stockbridge Capital Group Refinances 119k sf Biz Campus in San Jose
Stockbridge Capital Group has secured $11.75 mil in refi money for Junction Business Park, a two-building, 119.2k sf flex/industrial portfolio in San Jose. The property is located in Silicon Valley’s “Golden Triangle,” at the...
| Hometown America Secures Santee Manufactured Home Community with $8.6 Mil in Financing
Hometown America has obtained $8.6 mil in financing for Mission Gorge Villa, a 140-home site, Class A manufactured home community for seniors (age 55+) in the San Diego County community of Santee. The property is situated on ...
| Santa Clarita Mixed-Use Project Gets Underway with $20 Mil Construction Loan
Serrano Development Group has started work on Newhall Crossings, a mixed-use project with 47 apartment units and 20.2k sf of retail space in Santa Clarita. The project will anchor a significant redevelopment in historic Old T...
| Commercial Real Estate Financing Briefs
GREYSTONE - A 33-unit multifamily property in Century City was refinanced with a $10.1 mil loan funded through First Pacific Financial. The 10-year, fixed-rate Fannie Mae loan was arranged by Matt Stevens of Greystone. The Cl...
| OC Office Campus Lands $34 Mil in Financing
Stillwater Investment Group and their investment partner CrossHarbor Capital Partners LLC have obtained $34 mil in financing for Element, a Class A office campus totaling 165k sf in Aliso Viejo.
Formerly the QLogic Campus, ...
| Commercial Real Estate Financing Briefs
SONNENBLICK-EICHNER COMPANY - Sonnenblick-Eichner Company has arranged $35 mil of first mortgage financing for The Inn at the Market, a 76-room luxury boutique hotel in Seattle. The hotel is located at the world-famous Pike P...
| Lane Partners Buys 600k sf Office Asset in San Jose
A Lane Partners-led venture has acquired HQ@first, a 603.7k sf, three-building creative office tower property in San Jose. The property, located at 110, 120, and 130 Holger Way, was acquired with $200 mil in financing.
| TX Res Community Lands New Financing of $33.4 Mil
MC Companies has secured a new $33.45 mil loan for The Place at Castle Hills, a 680-unit apartment community the company owns in Suburban San Antonio, TX. The Freddie Mac financing was arranged by Walker & Dunlop.
| Banc of California Recruits James Weigandt as Managing Director, Commercial Real Estate and Multifamily Banking
Banc of California today announced it has hired James Wiegandt as Managing Director, Commercial Real Estate and Multifamily Banking. Wiegandt joins Banc of California from Luther Burbank Savings, where he most recently served...