FINANCED
Wilshire Quinn Capital Provides $16.5M Refinance Loan For Fourth And Laurel Multifamily Property In San Diego
2426 4th Avenue
MultiFamily
Financed 89 days ago
Summary
Loan
CALIFORNIA
MultiFamily
The Wilshire Quinn Income Fund, under Wilshire Quinn Capital, has provided a $16.5 million refinance loan for FOURTH AND LAUREL, a new luxury multifamily property located at 2426 4th Avenue in San Diego. This property consists of 36 units.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $16,500,000
- Address: 2426 4th Avenue, San Diego
- Market: San Diego
- Lender: Christopher Garcia - Wilshire Quinn Capital
- Landlord: Rudy Medina - Next Space Development
Rudy Medina of Next Space Development, the landlord, expressed his appreciation for Wilshire Quinn Capital's quick offer of the much-needed short-term lending. Christopher Garcia, the CEO of Wilshire Quinn Capital, highlighted the property's transformation which is in close proximity to their San Diego headquarters.
Players
All
1
Lenders
1
Details
FINANCED
IMAGE: Rudy Medina
DATE: 02/14/2024
ADDRESS: 2426 4th Avenue
MARKET: San Diego
ASSET TYPE: Multifamily ~ UNITS: 36
LENDER: Christopher Garcia - Wilshire Quinn Capital
LANDLORD: Rudy Medina - Next Space Development (@NextSpaceDev)
LOAN AMOUNT: $16,500,000
LOAN TYPE: Refinance
NOTE: Wilshire Quinn Capital's Wilshire Quinn Income Fund provided a $16.5 million refinance loan for FOURTH AND LAUREL, a new luxury multifamily property in San Diego. Rudy Medina of Next Space Development praised Wilshire Quinn for quickly offering needed short-term lending, while Wilshire Quinn's CEO, Christopher Garcia, highlighted the property's transformation near their San Diego headquarters.View on map
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Address2426 4th Avenue
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