Highland Realty Capcital Deal - Montecito Point Apartments

Montecito Point Apartments

Cash-Out Refi Perm Debt
72-Unit Multifamily Property
San Diego, CA

Highland Realty Capital procured $16M in cash-out perm debt for Montecito Point Apartments, a 72-unit, late 1980’s-vintage, multifamily property located in San Diego, CA. Loan proceeds were used to help fund the sponsor’s ongoing acquisitions.  Highland was able to provide the Sponsorship with a perm loan featuring a 7-year fixed term, priced in the high 2%’s

Scroll to Top
Skip to content