The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
May 27, 2024
 Search RENTV
   Go!
 The REview
 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?



ETC... ETC... NEWS
Printer-friendly Version   Email an Associate
Newmark Realty Capital Arranges $25 Mil for Two Mobile Home Communities

9/04/19

Newmark Realty Capital has arranged $25 mil in financing for mobile home communities in Truckee, CA and Kyle, TX.

Coachland RV Park, located 20 minutes north of Lake Tahoe, is a 229-space, all ages mobile home and RV community. The property consists of primarily double-wide homes with the exception of a few single-wide homes and 131 RV sites. Lakeside Crossing, located 20 minutes south of Austin, is a 279-space premium family mobile home community. Both properties have an excellent array of amenities including clubhouses, swimming pools, and playgrounds.

Newmark’s Patrick Barkley arranged the non-recourse, bridge-financing. The loan secured enough funds to refinance both properties and included provisions to get the borrower additional dollars, which ultimately helped facilitate the sponsor in converting the RV space at Coachland RV Park to annual park models.





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