$16.333 million financing secured for Santa Rosa affordable housing project

JLL Capital Markets announced that it has arranged the $16.333 million construction financing of The Cannery at Railroad Square, a 129-unit affordable housing project located in Santa Rosa, California. This transaction marks the first Freddie Mac non-LIHTC loan completed in conjunction with the state of California’s Housing Accelerator Funds.

JLL worked on behalf of the borrower, The John Stewart Companies and Pacific Housing to secure the 15-year, fixed-rate loan through Freddie Mac Targeted Affordable Housing (TAH). The loan will be serviced by JLL Real Estate Capital, LLC, a Freddie Mac Optigo℠ lender.

Continue Reading on Yield Pro

Kathleen Rhodes

Kathleen Rhodes, Founder of What's Up Santa Rosa

Kathleen Rhodes is the founder and CEO of Appy Marketing, a digital marketing agency that specializes in helping small businesses and startups grow their online presence. With over 15 years of experience in the industry, Kathleen has a proven track record of delivering successful marketing campaigns that drive results. Her passion for technology and innovation has led her to develop cutting-edge strategies that leverage the latest digital tools and platforms. Kathleen is known for her strategic thinking, creative problem-solving, and unwavering commitment to her clients’ success. Under her leadership, Appy Marketing has become a trusted partner for businesses looking to thrive in the digital age.

What's Up Santa Rosa

Categories

See Your Business Here!

Would you like to add your business to our site? It’s FREE! Please click the button now.