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Real Estate/Development

Sep. 20, 2012

Real Estate Deals

A joint venture between Praedium Group LLC and Davlyn Investments Inc. landed $18.6 million in acquisition financing for the Estancia Apartment Homes in Riverside.


DEALMAKERS

Riverside apartments score $18.6 million acquisition financing


A joint venture of Praedium Group LLC and Davlyn Investments Inc. has landed $18.6 million in acquisition financing for the Estancia Apartment Homes in Riverside.


Eric Flyckt of NorthMarq arranged the five-year loan through its relationship with a correspondent life insurance company.


The complex includes 208 units and 168,832 square feet of ren...

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