Hillcrest Apartments
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HFF Secures $7.5 Million for Hillcrest M-F Project
A residential project located in San Diego’s Hillcrest neighborhood recently received a massive boost as developer Hillcrest Veritas, LP received $7.46 million in construction-permanent financing. HFF worked on behalf of the developer to secure the financing, a 71 percent loan-to-cost, 12-year, fixed rate construction-permanent loan through a correspondent life company lender.
San Diego 24 October 2014 15:15 -
Veritas Urban Properties Lands $7.5M for San Diego Development
HFF arranges $7.5 for a 36-unit development in San Diego; NorthMarq secures $23.2 million for a RADCO acquisition in Colorado; and Equicap arranged an $18 million condo construction loan in New York.
National 21 October 2014 15:08