Walker & Dunlop Arranges $87 Million Financing for La Costa’s Largest Community
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Bridge Investment Group Lands $87M Loan for San Diego Multifamily Buy
The potentially soon-to-be public Freddie Mac has stepped in to provide capital for one of the highest-priced multifamily deals in the San Diego area so far this year. Salt Lake City-based Bridge Investment Group landed the $87.3 million Freddie Mac loan, originated by Walker & Dunlop, toward the acquisition of Santa Fe Ranch, a 320-unit, garden-style apartment complex within the La Costa community of Carlsbad, Calif. Bridge recently purchased …
La Costa Apartment Acquisition Nabs $87M Loan
Walker & Dunlop, Inc. arranged the $87.2-million acquisition financing for Santa Fe Ranch Apartments, a 320-unit garden-style conventional multifamily property in the coastal submarket of La Costa. A Walker & Dunlop Capital Markets team led by Mark Grace and John Montakab arranged the interest-only, fixed-rate loan on behalf of an institutional investment group, with Freddie Mac providing the capital. Santa Fe Ranch is a 1987-vintage, 320-unit m…
Walker & Dunlop Arranges $87M Financing for La Costa’s Largest Community, Santa Fe Ranch Apartments
Walker & Dunlop, Inc. announced that it arranged the $87.2 million acquisition financing for Santa Fe Ranch Apartments, a 320-unit garden-style conventional multifamily property in the coastal submarket of La Costa, California. Walker & Dunlop Capital Markets led by Mark Grace and John Montakab arranged the interest-only, fixed-rate loan on behalf of an institutional investment […] The post Walker & Dunlop Arranges $87M Financing for La Costa’s …
Walker & Dunlop Arranges $87 Million Financing for La Costa’s Largest Community
BETHESDA, Md.–(BUSINESS WIRE)–Walker & Dunlop, announced today that it arranged the $87.2 million acquisition financing for Santa Fe Ranch Apartments, a 320-unit garden-style conventional multifamily property in the coastal submarket of La Costa, California. Walker & Dunlop Capital Markets led by Mark Grace and John Montakab arranged the interest-only, fixed-rate loan on behalf of an institutional investment group, with Freddie Mac providing the…
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