November 4, 2016 Comments Off on Carlsbad TOD MF Secures $26.7M Refi Views: 274 California, California News, San Diego, West

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.

Connect with CBRE’s Eisendrath

For comments, questions or concerns, please contact Dennis Kaiser

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