SAN DIEGO, CA, Aug. 21, 2023 – JLL Capital Markets announced today that it has arranged the $28 million construction take-out financing for Casa Verde, a 94-unit, modern, urban infill apartment community located in the North Park neighborhood of San Diego, California.
JLL represented the
borrower, Champion Real Estate Investments, to secure the
non-recourse floating-rate bridge loan.
Casa Verde is located at 3066 North Park Way and sits at the
center of San Diego’s highly desirable North Park neighborhood, within walking
distance to over 100 dining and entertainment venues.
Additionally, Casa Verde is
within close proximity to the I-5, I-805 and multiple public transit options,
providing tenants with easy access to area’s employment clusters, cultural
attractions and other hallmarks of the San Diego lifestyle.Jack Wood
The community consists of studio and one-bedroom units, along with 3,000 square feet of restaurant space on the ground floor.
The
JLL Capital Markets Debt Advisory team was led by Director Olga Walsh
and Analyst Jack Wood.
CONTACT: |
|
Jenna Sharp
JLL,
Public Relations
Dallas,
Texas
M
+1 214 394 3356
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