September 26, 2022
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Real Estate: Oxnard townhome development bought with $70M loan

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San Francisco-based JLL Capital Markets has arranged $69.75 million in acquisition financing for a 164-unit, two-story, attached townhome community near Oxnard’s Collection at Riverpark shopping center. JLL represented the borrower, Interstate Equities Corp., to secure a two-year, floating-rate loan through San Francisco-based Prime Finance with four one-year extensions, according to a news release. The seller…

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