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November 11, 2022

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

Rendering of a modern multifamily apartment building, financed by Buchanan Mortgage Holdings.
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

Buchanan Mortgage funds $35.5M construction loan for Santa Rosa multifamily project.
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 loan closing.

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