Updated Sep 2, 2026
Tishman Speyer Secures $88 Million Freddie Mac Loan For 376-Unit Multifamily Acquisition In Anaheim
1910 Union Street
$88,000,000
$258/SF
Building Size
340,000 SF
Asset Type
MultiFamily
Closing
Sep 2, 2026
About this deal
AI
The transaction involves a multifamily asset located at 1910 South Union Street, Anaheim, CA. The property encompasses 340,000 square feet and consists of 376 units. Tishman Speyer secured a loan amount of $88 million from Freddie Mac to facilitate its acquisition of this asset, known as Rise. The property, completed in 2020, is currently 95% leased and is situated in Anaheim’s Platinum Triangle.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $88,000,000
- Asset Size: 340,000 square feet
- Units: 376
- Address: 1910 South Union Street, Anaheim, CA
- Lender: Freddie Mac
- Landlord: Rob Speyer - Tishman Speyer
Rob Speyer represents Tishman Speyer in this transaction. The company plans to implement targeted amenity and exterior upgrades to enhance the community's value following the acquisition from PGIM Inc.
Players
Union MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
Deal FAQ
Visit Rob Speyer to view all their deals.
Browse California multifamily loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.18%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93