Bifurcated Market Squeezes Debt Funds uli.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from uli.org Daily Mail and Mail on Sunday newspapers.
SAN GABRIEL, CA - Calmwater Capital has provided Alhambra, CA-based GE Development, Inc. with a $32.25 million construction loan for the completion of The One, an 81-unit multifamily development over 13,000 square feet of street-level retail in the Southern California community of San Gabriel.
Calmwater’s financing will be used to take out the original construction lender with a portion of the loan proceeds to be used to fund hard and soft costs needed to bring the project to 100 percent.
El Segundo-based commercial real estate debt lender Calmwater Capital has provided San Gabriel Valley-focused developer GE Property Development Inc. with a $32.3 million construction loan to complete The One, a new multifamily development in Alhambra.
Calmwater Capital, BH Properties Funds San Gabriel Project therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.