• 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
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