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City: Santa Maria
Hancock Terrace
An investment group led by Step Up Housing has paid $75 million, or $275,735/unit, for Hancock Terrace, a 272-unit apartment property in Santa Maria, Calif. The Santa Monica, Calif., company, along with Sack Capital of San Francisco and Align Financing ...
272-Unit Apartment Property in Santa Maria, Calif., Sells for $75Mln
Commercial Real Estate Direct Staff Report An investment group led by Step Up Housing has paid $75 million, or $275,735/unit, for Hancock Terrace, a 272-unit apartment property in Santa Maria, Calif. The Santa Monica, Calif., company, along with Sack Capital ...
La Vista Apartments
Westview Capital has paid $116 million, or $252,173/unit, for the 460-unit La Vista Apartments in Santa Maria, Calif., just north of Santa Barbara, Calif., and about 150 miles northwest of Los Angeles. The Boston private equity firm purchased the property ...
Westview Pays $116Mln for Apartments in California’s Central Coast
Commercial Real Estate Direct Staff Report Westview Capital has paid $116 million, or $252,173/unit, for the 460-unit La Vista Apartments in Santa Maria, Calif., just north of Santa Barbara, Calif., and about 150 miles northwest of Los Angeles. The Boston ...
Afton Buys 318-Unit Apartment Property in Santa Maria, Calif.
Commercial Real Estate Direct Staff Report An affiliate of Afton Properties has acquired the 318-unit Azure Apartments in Santa Maria, Calif. The purchase price could not be learned immediately. But the property was appraised this year at a value of ...
MF1 Capital Lends $42.7Mln Against Santa Maria, Calif., Apartments
MF1 Capital has provided $42.7 million of financing against the 167-unit Elements Apartments in Santa Maria, Calif. JLL Capital Markets arranged the financing on behalf of the Vernon Group of Santa Barbara, Calif., which will use it to complete construction ...
Thorofare Lends $34.8Mln for Construction of Apartments in Santa Maria, Calif.
Thorofare Capital Inc. has provided $34.8 million of financing for the proposed 167-unit Elements Apartments that Vernon Group is developing in Santa Maria, Calif. The loan has a three-year term, but could be extended by up to two additional years ...
1720 South Depot St.
Kennedy Wilson has paid $63 million, or $266,949/unit, for the Vizcaya Apartments, a 236-unit affordable-housing complex in Santa Maria, Calif.
Montiavo at Bradley Square
The buyer has lined up $37.7 million of financing from Freddie Mac that pays a coupon of 3.77 percent. The 10-year loan requires only interest payments for its first five years, after which it amortizes on a 30-year schedule.
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