Beverly Hills' PACT Capital Secures $362M Land Loan For San Joaquin County Acquisition
California
See Similar DealsBeverly Hills' PACT Capital Secures $362M Land Loan For San Joaquin County Acquisition
San Joaquin
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Beverly Hills' PACT Capital has secured a $362 million land loan for the acquisition of 1,600+ acres in a prized masterplan community in Northern California's San Joaquin County. The property, located near San Francisco, is entitled for 5,500 residential units and diverse commercial space.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $362,000,000
- Market: San Joaquin County
- Asset Type: Land
- Acres: 1,600
The loan was facilitated by Adam Mortanian, Tyler Shegerian, Connor Haubursin, and Paul Monsen from PACT Capital. They played a crucial role in securing this significant loan for the acquisition. The loan type for this transaction is an acquisition loan, enabling PACT Capital to acquire the vast land for future development. This financing deal demonstrates the trust in PACT Capital's expertise and their vision for the potential of this property.
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