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Centerbridge Partners Lends $210M on Orange County, Calif., Condos Repositioning

Developer Crescent Heights has sealed a $210 million condominium inventory loan for the transformation of a newly acquired former multifamily property in Santa Ana, Calif., into Orange County’s talles

Centerbridge Partners Lends $210M on Orange County, Calif., Condos Repositioning
Photo: Commercial Observer

Summary

Developer Crescent Heights has sealed a $210 million condominium inventory loan for the transformation of a newly acquired former multifamily property in Santa Ana, Calif.

, into Orange County’s tallest residential complex, Commercial Observer has learned.

Centerbridge Partners supplied the loan for Skyline OC featuring 349 for-sale condos across two 25-story towers. Crescent Heights acquired the […]

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