facebook
Traded Co logo
Submit a Deal
158 E Bonita Ave
FINANCED

Greystone Provides $29.9M HUD Loan For Serenity Villas Senior Housing In Pomona

158 E Bonita Ave

Senior Housing
clock iconFinanced 235 days ago
the dealplayerscompscontact
share iconContact now

Summary

Loan
CALIFORNIA
Senior Housing

The property involved is Serenity Villas, a 174-unit affordable seniors housing property located at 158 E Bonita Ave, Pomona, CA, 91767. The asset is a senior housing complex, originally constructed in 2002. It offers one- and two-bedroom units across six mid-rise elevator buildings, catering to adults aged 55 years and older.

Summary of transaction details:

  • Property Type: Senior Housing
  • Transaction Amount: $29,900,000.00
  • Market: Pomona
  • Borrower's Rep: Shana Daby (greystone'>Greystone)
  • Lender: Greystone

Shana Daby, a managing director with Greystone, was the representative for AMCAL in the loan transaction to refinance Serenity Villas. The HUD-insured loan of $29.9 million was secured at a fixed rate with a 35-year term and amortization. The loan proceeds will facilitate capital improvements, establish a debt service reserve, and leverage existing equity in the property. Additionally, the property includes Section 8 voucher units for eligible residents.

Players

  • All

    3

  • Agents

    1

  • Agencies

    1

  • Lenders

    1

Shana Daby's profile picture
Shana Daby
Greystone-image
Managing Director

Details

Deal Summary
minus icon
FINANCED
IMAGE: 158 E Bonita Ave, Pomona, CA, 91767 MARKET: Pomona ASSET TYPE: Senior Housing BORROWER'S REP: Shana Daby(Greystone) LENDER: Greystone LOAN AMOUNT: $29,900,000.00.00

View on map

Loading...

Address158 E Bonita Ave

Comparables

No listingsThis user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want