Hines Secures $55.7 Million Loan For Acquisition Of Tempo At Riverpark Multifamily In Oxnard

The property involved in this transaction is a multifamily asset located at 450 Forest Park Boulevard in Oxnard. The community comprises 235 units and was reported to be 95.7% occupied as of December 2025. The acquisition financing for this property amounted to $55,700,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $55,700,000
• Address: 450 Forest Park Boulevard
• Market: Oxnard
• Units: 235
• Landlord: Jeffrey Hines & Laura Hines-Pierce - Hines
• Brokers: Kevin MacKenzie, Annie Rice, Brandon Smith, Gyasi Edmondson & Alyssa Malley - JLL
• Loan Type: Acquisition
• Loan Amount: $55,700,000

The financing deal was specifically arranged by Kevin MacKenzie, Annie Rice, Brandon Smith, Gyasi Edmondson, and Alyssa Malley of JLL Capital Markets to support Hines U.S. Property Partners in the acquisition of the Tempo at Riverpark property. This financing is structured as a five-year bank-originated loan.