Rendering of planned 70-unit multifamily community located at in the Hillcrest neighborhood of San Diego, CA |
SAN DIEGO, CA - Max Benjamin Partners (MBP), a boutique real estate advisory firm that provides innovative capital solutions to developers and investors, announced it has secured a $16.5 million loan for the construction of 10th & Robinson, a 70-unit multifamily community located at in the Hillcrest neighborhood of San Diego, California.
Jason Moyal |
“Despite the challenging lending climate, we were able to
secure a non-recourse construction loan from a local Southern California lender
and close in just 29 days,” said Moyal.
10th and Robinson is nestled in a quiet residential area
just minutes from retail and dining. Combined with its sister building,
it will have abundant amenities including a pool, co-working space, gym, and
high-end finishes.
Max B. Mellman |
Based in Beverly Hills,
California, Max Benjamin Partners provides commercial real estate financing,
placing debt and equity nationwide across all asset classes including
multifamily, office, retail, hospitality industrial and self-storage.
The firm incorporates extensive capital
markets knowledge to complete any type of real estate transaction, regardless
of complexity or size.
CONTACT:
David Ebeling
Ebeling
Communications
949.861.8351
949.278.7851
(Cell)
Member of the
National Association
of Real Estate Editors (NAREE)
“PR Strategist for
the Commercial Real Estate Industry: I do what I love and love what I do.”
www.mbpartners.com
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