Fifth Third, CB&T TruAmerica Lend $124M on Bay Area Apartments Build

SummerHill Apartment Communities (SHAC) has landed $123.5 million of construction financing to build a multifamily project in the San Francisco Bay Area, Commercial Observer has learned. Fifth Third Bank and California Bank & Trust (CB&T) provided a $96.5 million senior construction loan for the developer’s planned apartment community in San Carlos, Calif. TruAmerica Multifamily also […]