Regions West
KeyBank Closes 3 Loans for $25M for Assisted Living Communities
June 26, 2008

KeyBank Real Estate Capital closed three loans totaling $25 million for Emeritus Senior Living.  The assisted living portfolio is comprised of three properties: The Palms at Loma Linda, Springs at Oceanside, and Liberal Springs.  All three were Fannie Mae immediate funding loans with a 10-year fixed rate.  The Palms at Loma Linda, a 137-unit property built in 1989 in a suburb of Los Angeles, Calif.  Springs at Oceanside, a 114-unit property also built in 1989 is located near San Diego.  Liberal Springs is a 44-unit property built in 1994 and is located Liberal, Kan.


 
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5-Building Tech Park Trades in Silicon Valley
The San Francisco office of Holliday Fenoglio Fowler, L.P. and Cornish & Carey Commercial have arranged the sale of Murphy Ranch Technology Park, a five-building, 363,200-square-foot office complex in Milpitas, Calif.