PROJECT OVERVIEW
- In 2013, La Serena was refinanced under the 223(a)(7) for $52,000,000
- The deal substantially lowered the projects interest rate by 1.40%, as well as extended the loan term to 35 years which provided substantial savings to the borrower.
- The project is 416 units.
- Project Name La Serena Apartments
- Project Location Refinance
- Loan Amount Matthew Kane
- Originator Rowland Heights, CA
- Year Built 1971
