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Commercial Real Estate Direct Staff Report Raintree Partners has paid $60.5 million, or $378,125/unit, for the 160-unit Woodglen Venture Apartments in Santa Clarita, Calif. The Dana Point, Calif., investor purchased the complex from Venture Property Management of Encino, Calif., which ...
The Square Mile loan was arranged by JLL.
Square Mile Capital Management has provided $173 million of financing to help fund the purchase, by a venture led by Harbor Group International, of the 480-unit Jefferson Vista Canyon apartment property in Santa Clarita, Calif., for $230.3 million, or $479,792/unit. ...
The buyer funded its purchase with a $19 million equity investment and a $43 million loan from Fannie Mae that has a 10-year term and pays a 3.63 percent coupon.
The Beverly Hills, Calif., investor funded its purchase with a $19 million equity investment and a $43 million loan from Fannie Mae that has a 10-year term and pays a 3.63 percent coupon.
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