JLL Facilitates $203M Bridge Loan For 442-Unit Multifamily Property In Kearny Mesa | 4890 Sunroad Centrum Lane | Aldon Cole, Tim Wright, Bharat Madan, Mariah Feghali | MultiFamily | Loan

Summary

Loan

CALIFORNIA

MultiFamily

221,720 sqft

Located at 4890 Sunroad Centrum Ln. in Kearny Mesa, this multifamily property consists of 442 units. The transaction, which took place on 05/17/2022, involved a bridge loan amounting to $203,000,000. The loan term is set for 5 years.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $203,000,000
Address: 4890 Sunroad Centrum Ln.
Market: Kearny Mesa
Loan Type: Bridge
Units: 442

The landlord for this property is Sunroad Enterprises. The brokers involved in the deal were Aldon Cole, Tim Wright, Bharat Madan, and Mariah Feghali from JLL.

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Players

All
6

Agents
4
Agencies
2

Aldon Cole

Senior Managing Director

Tim Wright

Senior Managing Director

$64.4M Sold

$64.4M Sold

Details

Deal Summary

FINANCED

IMAGE: Tim Wright, Bharat Madan & Aldon Cole DATE: 05/17/2022 ADDRESS: 4890 Sunroad Centrum Ln. MARKET: Kearny Mesa ASSET TYPE: Multifamily ~ UNITS: 442 LANDLORD: Sunroad Enterprises BROKERS: Aldon Cole, Tim Wright, Bharat Madan & Mariah Feghali - JLL (@JLL) LOAN AMOUNT: $203,000,000 LOAN TYPE: Bridge LOAN TERMS: 5-year

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Address4890 Sunroad Centrum Lane

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