Pacific City - Huntington Beach, CA

CPRE Investment: $37 million mezzanine construction loan to finance the completion and lease-up of a destination lifestyle retail center.

Collateral: The property consists of a 191,100 square foot retail center and 1,129 parking spaces located along California’s Pacific Coast Highway. The project is part of a 34.2 acre master-planned development entitled for residential and commercial space and a 250 room hotel. 

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