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975 Woodland Parkway

Updated Oct 29, 2026

Wayne Comfort Of Comfort Communities Secures $42M Loan For Woodland Village Apartments In San Marcos
FINANCEDSenior Housing

Wayne Comfort Of Comfort Communities Secures $42M Loan For Woodland Village Apartments In San Marcos

975 Woodland Parkway

$42,000,000

Units

204

Asset Type

Senior Housing

Closing

Oct 27, 2026

About this deal

AI

The asset involved in this transaction is Woodland Village Apartments, located at 975 Woodland Parkway in San Marcos, California. This senior housing community comprises 204 units and caters specifically to residents aged 55 and older. The property includes 31 income-restricted affordable units, representing approximately 15% of its total apartments.

Summary of transaction details:

This refinancing transaction was arranged by Walker & Dunlop on behalf of their repeat client, Comfort Communities, underscoring their ongoing business relationship. The brokers involved in the deal are Trevor Brotman, Tricia Linden, and Kara Proffitt, representing the interests of the landlord during the refinancing process.

On the Map

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$42,000,000

Senior Housing

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Players

Trevor Brotman

Walker & Dunlop

Broker

$42M

vol

1 deal

Broker
Freddie Mac
Freddie MacLender

Wayne Comfort

Comfort Communities

Landlord

$42M

vol

1 deal

Landlord
Bilt advertisement

San Marcos Senior Housing Market Snapshot

Boundary boundary · Senior Housing · Loan transactions

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Deal FAQ

About $205.9K per unit across 204 units on a published $42M (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.38%

Cash-on-Cash

-0.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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