San Diego
Hunt Real Estate Capital has funded a $25.5million loan under the HUD 223(f) Heavy LIHTC program to finance LaMesa Springs, a low-income multifamily property located in La Mesa,California. The borrower is Jonathan RoseCompanies and Wakeland Housing & DevelopmentCorp.
La Mesa Springs is an 8-story, 129-unit apartment building. Itis a low-income HUD subsidized 62+ elderly project. It was built in1980 and 1981. It is currently 100% occupied.
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Kelsi Maree Borland
Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.
