The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
July 17, 2019
 Search RENTV
   Go!
 Video Programs
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?





MULTIFAMILY NEWS
Printer-friendly Version   Email an Associate
Oakdale Communities Secures $83 Mil for Sacramento Res Development

4/15/19

Oakdale Communities has secured $83 mil in financing for the development of The Core Natomas, a 300-unit, luxury apartment project in Sacramento. The loan was arranged by CBRE Capital Markets’ Debt & Structured Finance.

Located at 2705 Orchard Lane, the village-style complex will consist of 13 two- and three-story buildings, as well as a clubhouse. The community will be comprised of one-bedroom, two-bedroom and three-bedroom apartment homes. The amenity package includes a resort-style swimming pool, fitness center and outdoor kitchens. Construction is expected to begin in May of 2019.

The Core Natomas is adjacent to the I-80 freeway and less than one mile from the I-5 Fwy. The community is in the southwest quadrant of the Natomas submarket, which has recently welcomed new employers such as Centene Insurance, Kaiser Hospital and the State of California. The property is four miles from Downtown Sacramento, with numerous retail and entertainment destinations.

CBRE’s Kevin Randles, Angelica Heath, Jim Richards and Susan Speer arranged the financing, equal to 90% of the total project capital.





Return to the Archive page


 


 


 


 
 



Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2019 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media