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| Santa Barbara Apartments Rancho Cucamonga, CA |
IRVINE, CA – HFF announced it has arranged $40 million in financing for Santa Barbara
Apartments, a newly-constructed, 192-unit multi-housing community in Rancho
Cucamonga, California.
HFF
worked on behalf of the borrower, Lewis Operating Corp., to secure the 15-year,
forward, fixed-rate permanent loan through Prudential Mortgage Capital Company.
Santa
Barbara Apartments is located at 10855 Church Street close to Interstates 10,
15 and 210, and the Ontario International Airport in Rancho Cucamonga, about 40
miles east of Los Angeles. Completed in
2012, the property has 25 residential buildings and is 95 percent leased.
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| Don Curtis |
The HFF team representing Lewis
Operating Company was led by senior managing director Don Curtis.
Since 1955, the Lewis Operating Corp. has developed more
than 56,000 homes, 10,000 apartments and 14 million square feet of retail,
office and industrial space throughout the United States.
For a complete copy of the company’s news release, please
contact:
Kristen M. Murphy
Associate Director
HFF | 9 Greenway Plaza, Suite 700 | Houston, TX 77046
tel 713.852.3500 | cel 617.543.4873 | fax 713.527.8725 | www.hfflp.com
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