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Decron Properties Lands $83M Fannie Mae Refi for SoCal Multifamily Complex

Multifamily activity is rare in Southern California’s Simi Valley, but a Los Angeles-based development firm just secured a hefty refinancing package tied to one of its apartment communities in the sle

Summary

Multifamily activity is rare in Southern California’s Simi Valley, but a Los Angeles-based development firm just secured a hefty refinancing package tied to one of its apartment communities in the sleepy enclave.

Decron Properties landed $82.

9 million in Fannie Mae financing tied to River Ranch Apartments, a 398-unit, garden-style complex at 1518 Patricia Avenue. The […]

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