$19MM Bridge Refinance Secured for 55-Unit North Park Loft Apartments in San Diego

The owner of a newly built 55-unit loft apartment building in San Diego’s North Park was facing a paydown of up to $4 million to extend its loan. Instead, it refinanced with the same lender, which offered more money, a lower rate and no paydown once other lenders started competing for the deal. A five-story, […]