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Berkadia Arranges $200M Financing for San Jose MF
The Woods of San Jose LLC secured $200 million in financing for The Woods, a 1,841-unit landmark multifamily property in San Jose, CA. Berkadia’s Mitch Thurston and Andy Ahlers arranged the refinancing loan through a global financial institution.
Located at 4300 The Woods Dr., the property offers studio, one, two and three-bedroom floor plans. Within The Woods’ community, there are six unique villages offering various amenities. Easily accessible via the California State Routes 87 and 101, The Woods is a short drive from downtown San Jose.
Berkadia also closed the $34.25 million sale of Alta Vista Apartments, a 102-unit garden-style multifamily property in Escondido, CA. Berkadia’s Ed Rosen, John Chu, Kyle Pinkalla and Erin Dammen represented the seller, Irvine, CA-based Sares Regis Multifamily Fund, L.P. The buyer was San Francisco-based Crown Capital.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Financing
