The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
June 20, 2024
 Search RENTV
 The REview
News Home Page
Southern California
Northern California
Pacific Northwest
Prop. Management
Press Releases
 R. E. Marketplace
Service Providers
Property Spotlight
 RENTV  Conferences
Subscriber Login:
Forgot Password?

ETC... ETC...
Printer-friendly Version   Email an Associate
Seven-Property California Portfolio Refinanced with $223 Mil in Permanent Loans


A seven-property California real estate portfolio owned by a private investor was just refinanced with seven new permanent loans totaling $223 mil arranged by George Mitsanas of Gantry. The portfolio is comprised of three multifamily properties totaling 1,140 units, one single-tenant retail property, one self-storage property comprised of 792 storage units and 129 RV vehicle storage spaces, and two unique ground lease financing transactions for land holdings located in northern and southern California.

Park Regency Apartments, Walnut Creek
Park Regency Apartments, Walnut Creek
The loans were placed through four correspondent life insurance companies at very competitive interest rates with long term maturities. Gantry will be the loan servicer for each of the seven loans.

The portfolio consists of the following assets:

• Park Regency Apartments: 892-unit luxury apartment complex located in Walnut Creek, CA.

• Concord Square Apartments: 167-unit apartment building located in Reseda, CA.

• NMS Warner Center (Purchase Money): 81-unit apartment building located in downtown Warner Center.

• Sand Canyon Self Storage: Self-storage facility in Santa Clarita, CA totaling 792 storage units and 129 RV vehicle storage spaces.

• Gelson’s Laguna Beach: Retail property 100% leased to Gelson’s in Laguna Beach, CA located directly across the street from the Montage Laguna Beach five-star resort.

• Lowe’s Ground Lease: Ground lease financing for 14.9 acres of land in Rancho Cucamonga; the 135k sf building on the property is 100% leased to Lowe’s.

• Century City Cooling Plant: The collateral is the fee interest of an L-shaped, 1.64-acre parcel of land located within the master-planned area of Century City in Los Angeles.

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 © 2024 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media