Newport Beach-based Buchanan Street Partners had advised Costa Mesa-based Arnel & Affiliates in its acquisition of a 354-unit apartment complex in McKinney, Texas. The property, completed in 2021, was sold by JPI in Irving, Texas. Terms of the transaction were not disclosed.
Newport Beach-based Buchanan Street Partners continues to add to its Texas multifamily portfolio, this time in an advisory capacity. The real estate investment firm assisted Costa Mesa-based Arnel & Affiliates in its acquisition of a 354-apartment complex in McKinney, marking the first in the state for the development and investment...
The weekly compilation of the San Francisco Bay Area metro’s biggest leases, sales, financing deals, construction updates, and personnel moves. Have news you’d like to submit? Email joseph.gordon@bisnow.com
SANTA ROSA, CALIF. — Buchanan Mortgage Holdings, an affiliate of Newport Beach, Calif.-based Buchanan Street Partners, has provided a $35.5 million non-recourse senior construction loan for the development of an apartment community located at 888 Fourth in downtown Santa Rosa. Construction was approximately 50 percent completed at the time of...
Buchanan Street Partners, a nationally recognized real estate investment firm based in Newport Beach that focuses on making debt and equity investments in commercial and multifamily real estate, has announced the hiring of Bryce Lin.
LACEY, WASH. — Buchanan Mortgage Holdings, an affiliate of Buchanan Street Partners, has provided a $39 million non-recourse construction loan for the completion of a garden-style multifamily community in Lacey. The borrower is Harbor Custom Development.
Lacey, WA (October 5, 2022) – Buchanan Mortgage Holdings, LLC (BMH), an affiliate of Buchanan Street Partners, L.P., provided a $39 million non-recourse construction loan to Harbor Custom Development, Inc. to complete the development of a 177-unit, garden-style multifamily community located in Lacey, Washington, a suburb of the Seattle/Tacoma MSA.
Tacoma-based Harbor Custom Development Inc. (Nasdaq: HCDI) has secured a $39 million construction loan to complete a 177-unit garden-style apartment development in Lacey. Buchanan Street Partners of Newport Beach, California, announced last week that it provided the non-recourse loan. The announcement comes as rising interest rates have dampened demand for...
A Los Angeles real estate firm has secured $25 mil in construction money for the development of a 53.3k sf, Class A truck terminal situated on 10.5 acres in Perris. The unnamed borrower has specialized in entitling, developing and operating industrial, logistics, and cold storage properties across California for over...
Harbor Custom Development Inc has secured $39 mil in construction money to complete the development of a 177-unit, garden-style multifamily community located in Lacey, WA, a suburb of the Seattle/Tacoma MSA. The non-recourse loan was provided by Buchanan Mortgage Holdings LLC, an affiliate of Buchanan Street Partners L.P.
