Senior housing complex in San Jose pushes ahead with construction loan

Senior housing complex in San Jose pushes ahead with construction loan

a year ago
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https://www.siliconvalley.com/2023/01/05/home-san-jose-senior-housing-develop-construct-real-estate-build/

SAN JOSE — A senior residential complex that would bring nearly 200 homes to San Jose is pushing ahead with a construction loan to finance the project’s development.

A real estate alliance of Columbia Pacific Advisors and SRM Development has landed $78.5 million in construction financing for the project, which is located at 3315 Almaden Expressway near Hillsdale Avenue, according to documents filed with the Santa Clara County Recorder’s Office.

Senior housing complex in San Jose pushes ahead with construction loan

Jan 5, 2023, 7:42pm UTC
https://www.siliconvalley.com/2023/01/05/home-san-jose-senior-housing-develop-construct-real-estate-build/ > SAN JOSE — A senior residential complex that would bring nearly 200 homes to San Jose is pushing ahead with a construction loan to finance the project’s development. > A real estate alliance of Columbia Pacific Advisors and SRM Development has landed $78.5 million in construction financing for the project, which is located at 3315 Almaden Expressway near Hillsdale Avenue, according to documents filed with the Santa Clara County Recorder’s Office.