Home Finance Decron Properties Secures $82.9MM Fannie Mae Refinancing for 398-Unit River Ranch Apartments in Simi Valley
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Decron Properties Secures $82.9MM Fannie Mae Refinancing for 398-Unit River Ranch Apartments in Simi Valley

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Facade of modern apartment building with blue background
Photo by Mohamed Nohassi For Unsplash+
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The multigenerational owner-operator locks in its lowest portfolio fixed rate in four years, retiring bank debt and extracting capital to continue investing in the Ventura County community. Decron Properties has secured an $82,885,000 Fannie Mae loan to provide permanent financing for River Ranch Apartments, a 398-unit, garden-style apartment community located at 1518 Patricia Avenue in […]

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