Freddie Mac Provides $263M Loan To Advanced Real Estate For Fullerton, Santa Ana, Redlands, Lake Forest, And Anaheim Multifamily Properties
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This MultiFamily property located in CA received a loan of $263,000,000 over 2 years ago. The brokers of the deal were Brendan Golding, Joe Giordani, Alex Kane, and Michael Elmore
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- Location2656 Associated Rd, Fullerton, CA, USA
- Loan Value$263,000,000
- Asset TypeMultiFamily
- Parties4 Brokers, 1 Agency, 1 Lender
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Deal Summary
LOAN
IMAGE: Michael Elmore, Alex Kane, Joe Giordani & Brendan Golding
DATE: 08/13/2021
ADDRESS: 2656 Associated Rd., 901 S. Harbor Blvd., 1255 E. Citrus Ave., 21011 Osterman Rd., 2970 W. Orange Ave. & 2704 W. Ball Rd.
MARKET: Fullerton, Santa Ana, Redlands, Lake Forest & Anaheim
ASSET TYPE: Multifamily
LENDER: Freddie Mac
LANDLORD: Advanced Real Estate
BROKERS: Michael Elmore, Alex Kane, Joe Giordani & Brendan Golding - NorthMarq
LOAN AMOUNT: $263,000,000
UNITS: 1,255
LOAN TERMS: 10-year term, full term IO, sized to 65% loan-to-value ratio
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2656 Associated Road, 901 South Harbor Boulevard, 1255 East Citrus Avenue, 21011 Osterman Road, 2970 West Orange Avenue & 2704 West Ball Road
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