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Bankers Hill Condo Development Receives Construction Financing
San Diego-based developer, INI Greenfield secured $15.1 million in financing for the development of Palatine Bankers Hill, a five-story, 16-unit luxury condominium project in San Diego. JLL worked on behalf of the developer to arrange the one-year, floating-rate construction loan through a New York City-based debt fund.
The project is located at 2750 Fourth Ave., in the heart of the Bankers Hill/Park West neighborhood, two blocks west of the historic Balboa Park. Due for completion in early 2020, the property will consist of 16 for-sale residential units, 1,121 square feet of ground-level commercial space and 38 subterranean and grade-level parking spaces. Residences will include a mix of two, three and four-bedroom layouts that will feature luxury finishes.
JLL’s Chris Collins and Brad Vansant represented the developer.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Financing
- ◦Development


