Private Construction Loan for Mixed-Use Development Property in Fremont, California

Funded by Parkview Financial

$65,000,000

Deal Details

Private Loan Type

Commercial Ground-Up Construction

Approx. Funding Date

04/02/2018

Property Type
Mixed-Use
Multifamily
Property City

Fremont

Property State

CA

Lien Type

1st Mortgage

Payment Type

Interest Only

Number of Units

158

Deal Summary

Parkview Financial, a private mortgage fund, funded a $65,000,000 ground-up construction loan for the development of Mission Hills, a 158-unit mixed-use project in Fremont, Alameda County, California. The development is comprised of 158 residential units above 53,000 square feet of ground-level retail, along a walkable promenade. The project is expected to be completed in late 2019. This private construction loan was funded in April 2018.

Funded By

Parkview Financial

Specializing in Ground-Up Construction Financing for Commercial Real Estate