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California  + Finance  | 

Carlsbad TOD MF Secures $26.7M Refi

CBRE Capital Markets’ Debt and Structured Finance team secured $26.7 million to refinance BluWater Crossing, a live/work, mixed-use multifamily community in North County San Diego.

The Class A property consists of 66 units, featuring both live/work and townhome floor plans, as well as 22,000 square feet of commercial space. Built in 2009, BluWater Crossing offers contemporary and luxury features including live/work lofts with vaulted ceilings, custom-designed kitchen cabinetry, granite counter tops, stainless steel appliances and solid-core interior doors.

BluWater Crossing is located in Carlsbad, CA directly on the Coaster line at the Poinsettia Station, and just a quarter mile from the Pacific Ocean. The community features a contemporary urban-meets-beach feel, and is San Diego County’s only beach-area transit-oriented development.

CBRE’s Brian Eisendrath and Vice President Brandon Smith arranged the financing on behalf of a San Diego-based borrower.

For comments, questions or concerns, please contact Dennis Kaiser

Connect

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Financing
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