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November 11, 2022

Buchanan Mortgage Holdings, LLC Closes $35.5 Million Multifamily Construction Loan

Santa Rosa, CA (November 11, 2022) – Buchanan Mortgage Holdings, LLC (BMH), an affiliate of Buchanan Street Partners, L.P., provided a $35.5 million non-recourse senior construction loan for the development of a class A, 108-unit multifamily community located in downtown Santa Rosa, the county seat of Sonoma County, California.

Rebusiness Online – Buchanan Mortgage Provides $35.5M Construction Loan for Multifamily Project in Downtown Santa Rosa, California

SANTA ROSA, CALIF. — Buchanan Mortgage Holdings, an affiliate of Newport Beach, Calif.-based Buchanan Street Partners, has provided a $35.5 million non-recourse senior construction loan for the development of an apartment community located at 888 Fourth in downtown Santa Rosa. Construction was approximately 50 percent completed at the time of...