
CompaniesDeals
SummerHill Secures $123.5M for San Carlos Multifamily Development
SummerHill Apartment Communities has obtained $123.5 million in construction financing for a 251-unit apartment project in San Carlos, California, featuring 38 affordable housing units. The funding package includes a senior construction loan from Fifth Third Bank and California Bank & Trust, alongside a preferred equity investment from TruAmerica Multifamily.
Read articleNews from San Carlos, San Mateo County, California