Regency Capital Partners

Revere Apartments


Revere Apartments

Summary

Regency Capital Partners (RCP) arranged the placement of $28.7 million in joint-venture equity from Berkshire Property Advisors for a $75.4 million multifamily development in Campbell, CA. The funds will be used to construct the largest mixed-use multifamily development in Campbell and the first delivery of multifamily units to the market in 15 years. The project site is exceptionally well-located near the intersection of Hamilton & Bascom Avenues, close to the light rail station and nearby freeway access.


Transaction Details

LOAN AMOUNT $28,700,000
FINANCING TYPE Equity
LENDER TYPE Private Fund
PROPERTY TYPE Multifamily
PROPERTY ADDRESS
Map
1677 South Bascom Avenue
Campbell, CA
PROPERTY DESCRIPTION This is the construction of a 171-unit, Class A apartment project with 14,000 square feet of retail space in Campbell.