Thursday, April 4, 2013

HFF arranges $3.6 million refinancing for manufactured home community in Rialto, CA



Rancho Rialto Apartments, Rialto, CA
SAN DIEGO, CA – HFF announced it has arranged a $3.6 million refinancing for Rancho Rialto, an 84-unit manufactured home community in Rialto, California.

                Working exclusively on behalf of a private investor, HFF secured a $3.6 million, 10-year, fixed-rate loan with GE Real Estate.

                Rancho Rialto is located at 1166 South Riverside Avenue near the intersection of West San Bernadino Avenue about 50 miles east of Los Angeles.  The all-ages community is 100 percent occupied.

Zach Koucos
Community amenities include extensive landscaping, a clubhouse, swimming pool, hot tub, laundry, shuffleboard and carports for all homes in the community.   

                The HFF team representing the borrower was led by director Zach Koucos.

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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