The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership Subscriber Home Newsletter Contact Us Advertise
March 30, 2017
 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
Online Store
 Executive Subscribers
Subscriber Home
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?



VENTURA COUNTY NEWS
Printer-friendly Version   Email an Associate
J.P. Morgan Asset Management and SARES-REGIS Group Land $130 Mil in Financing on Two Thousand Oaks Res Properties

5/20/16

HFF has arranged $129.78 mil in financing for two Class A apartment communities, The Knolls and Westlake Canyon, totaling 672 units in Thousand Oaks. The borrower is a joint venture between institutional investors advised by J.P. Morgan Asset Management and SARES-REGIS Group.

The Knolls and Westlake Canyon are adjacent communities located at 2544 Vista Wood Circle and 2338 Fountain Crest Lane, respectively. The properties are situated northeast of the intersection of State Rd 23 (Moorpark Fwy) and the 101 Fwy, and are accessible to amenities, including multiple retail destinations, nature trails at the Santa Monica National Recreation Area, wine tasting at Westlake Village Inn Resort and lakeside dining at Westlake Lake.

The Knolls offers residents two swimming pools, four spas, a fireside lounge, clubhouse with library, fitness center, two racquetball courts and lighted tennis court. Westlake Canyon has an amenity package featuring a heated swimming pool, spa and fitness center.

HFF’s Mike Tepedino, Kevin MacKenzie Charles Halladay and Brian Torp arranged the five-year, floating-rate loan with a national bank. Loan proceeds were used to pay off maturing debt and fund future planned capital improvements.






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 | Online Store

Copyright © 2017 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media