Fairbrook Communities Secures $55M Construction Loan For Multifamily Property In Moreno Valley, CA
25875 Alessandro Boulevard
180,000 SF
Summary
The property involved in this closed transaction is a multifamily asset located at 25875 Alessandro Blvd. in Moreno Valley, CA. It consists of 192 units with a total square footage of 180,000. The market value of the property has not been disclosed.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $55,000,000
- Address: 25875 Alessandro Blvd., Moreno Valley, CA
- Units: 192
- Square Footage: 180,000
The lender in this deal is Churchill Real Estate, represented by Jeff Rosenfeld and Sean Robertson. The loan amount provided by Churchill Real Estate for the transaction is $55,000,000. The loan type is construction. The landlords of the property are Fairbrook Communities, represented by Matt Walters and James Walters.
NOTE FROM LENDER:
Jeff Rosenfeld - Co-Head of Originations ([email protected])
Sean Robertson - Co-Head of Originations ([email protected])
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