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Home Finance PCCP Lends $41MM to Foulger-Pratt to Refinance 125-Unit Tenney North Park in San Diego
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PCCP Lends $41MM to Foulger-Pratt to Refinance 125-Unit Tenney North Park in San Diego

November 2, 20263 Mins read21
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Photo of San Diego apartment building by Sarah Sheedy on Unsplash
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Foulger-Pratt has retired the construction loan on its newly delivered, eight-story Tenney North Park apartment building on El Cajon Boulevard with a $41 million senior loan from PCCP, betting that premium mid-rise rentals in North Park can hold their pricing while San Diego absorbs one of its largest supply waves in decades.

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