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8/17/26
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Everleigh San Clemente, a newly constructed, 150-unit Class A active-adult (55+) apartment community in San Clemente, has been refinanced with a new Fannie Mae loan for $58 mil. Located at 515 Avenida Vaquero, adjacent to the southwest side of the 5 Fwy, the property is owned by an institutional-level joint venture that includes Greystar and SofMac Partners.
Completed in 2023, Everleigh San Clemente is a multifamily community, offering senior residents convenient access to San Clemente’s beaches, coastal trails, golf courses and retail and dining destinations. Located within one of Orange County’s most sought-after residential markets, the community benefits from exceptional household wealth and long-term housing demand. The asset is also positioned to benefit from the ongoing revitalization of the nearby Dana Point Harbor, a more than $600 mil redevelopment project that is enhancing one of Southern California’s premier coastal destinations.
The financing was arranged by Newmark’s Vice Chairman Lee Redmond, Managing Director Alec Newman and Vice President Nick Schroeder.
“Everleigh San Clemente represents a rare opportunity to finance a high-quality active-adult community in an exceptionally desirable coastal market,” said Redmond. “The property’s strong sponsorship, institutional-quality construction and location within a supply-constrained submarket generated significant lender interest and enabled the execution of favorable financing terms.”
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