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

October 14, 20263 Mins read407
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San Diego
Photo by Alyssa Best on Unsplash
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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, […]

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