Wakeland Secures $57.9M Construction Loan From Wells Fargo In Vista

The Development Site located in La Sabila in the Vista market has been involved in a recent transaction. The property was the subject of a $57,900,000 Construction Loan provided by Wells Fargo to the landlord, Wakeland. The loan deal was facilitated by Terence Cordero, Timothy McCann, and Jessica Gonzalez of Community Lending and Investment (CLI).

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $57,900,000
• Address: La Sabila
• Market: Vista
• Lender: Wells Fargo
• Landlord: Wakeland
• Brokers: Terence Cordero, Timothy McCann & Jessica Gonzalez - Community Lending and Investment (CLI)
• Loan Type: Construction Loan

The key individuals involved in this transaction include the lender, Wells Fargo, the landlord, Wakeland, and the brokers representing the deal, Terence Cordero, Timothy McCann, and Jessica Gonzalez from Community Lending and Investment (CLI). This construction loan transaction highlights the collaboration between these parties in the development site deal at La Sabila in the Vista market.