Gilroy

Lathrop Apartments Score $51M Takeout Financing November 29, 2023
JLL Capital Markets arranged a $51-million construction takeout financing for Mossdale Landing Apartments, a recently completed, Class A, 204-unit, garden-style apartment community located in Lathrop. The JLL Capital Markets Advisory Team of Jeff Sause, Lillian Roos and Jalynn Borders represented the borrower, Mossdale Landing Owner LLC, a company comprised of Rubik Built, Wright Equities and The Grupe […]
Safehold Closes on Ground Lease for Santa Clara LIHTC November 29, 2023
New York City-based ground lease REIT Safehold, Inc. has closed on a ground lease to facilitate the ground-up development of 80 Saratoga, a 200-unit Low Income Housing Tax Credit (LIHTC) community in Santa Clara. Terms of the transaction weren’t disclosed. The project will be developed by The Pacific Companies, an Idaho-based firm and prolific developer of affordable […]
Half Moon Bay Retail Completes 1031 Deal November 28, 2023
Matthews Real Estate Investment Services recently completed the $34,000,000 sale of Strawflower Village Shopping Center located at 50 Cabrillo Hwy N., Half Moon Bay, in coastal San Mateo County. Associate VP Marko Buljan handled the transaction. The property was purchased by SJ Amoroso Properties Co., represented by Tim Gilmartin. Strawflower Village is 96% leased and […]