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ARCS Commercial Mortgage Co. announced the closing of $1,344,000 in financing for Chollas Park Apartments, a 12-unit property in San Diego, CA.


ARCS ARCS - ARC  Commercial Mortgage Co. announced the closing of $1,344,000 in financing for Chollas Park Apartments, a 12-unit property in San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. , CA.

Built in 1994, Chollas Park Apartments is a garden style complex consisting of three, two-story buildings. The loan was originated by ARCS' Calabasas Hills Office. The loan was for a 10 year term/30 year amortization at a rate of 5.85%.
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Title Annotation:FINANCE
Publication:Real Estate Weekly
Date:Dec 6, 2006
Words:66
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