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Acore, Ascendant Provide $112M for SoCal Affordable Housing Project

Summary by Commercial Observer
Some major real estate deals have gone down in the San Diego region this year, with a new nine-figure construction financing package for an affordable housing project as just the latest example.  Los Angeles-based developer Impact Housing and partner Verbena Road Holdings have secured $112.2 million in financing for Mission Gorge, an unsubsidized, 483-unit modular affordable housing development at 6171 Mission Gorge Road, about four miles northw…
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