In The News

Orange County Business Journal – Back to OC Buying for Buchanan Street Partners

Buchanan Street Partners has had a busy start to the year, with transactions including the company’s first Orange County acquisition in six years.

REBUSINESSONLINE – Buchanan Street Partners Buys 99,716 SF Newark Tech Park in Bay Area

Buchanan Street Partners has purchased Newark Tech Park, an office and life sciences asset in Newark. New York-based Time Equities sold the property for $26.2 million.

BISNOW – Eyeing Biotech, SoCal Investor Picks Up East Bay Tech Campus

Buchanan Street Partners has acquired a 99K SF Newark, California, complex for $26.2M, or about $262 per SF, with plans for significant upgrades to meet local life science and tech demand, the company said Tuesday.

RE BUSINESS ONLINE – Buchanan Mortgage Funds $55M Construction Loan for The Orchard Mixed-Use Project in Azusa, California

Buchanan Mortgage Holdings has closed a $55 million loan for construction of The Orchard, a mixed-used residential and retail development in Azusa, approximately 20 miles east of Los Angeles. The borrower, Serrano Development Group, will use the loan to construct 163 market-rate apartments and 31,700 square feet of retail space.

Los Angeles Business Journal – Multifamily Properties Secure Loans

Two loans totaling more than $130 million were announced for multifamily properties in Paramount and Azusa last week. A $76.3 million loan was granted for The Enclave, a 306-unit multifamily building at 13801 Paramount Blvd. in Paramount.

Orange County Register – Buchanan Street buys in Bay Area

Newport Beach-based Buchanan Street Partners has acquired a two-building tech park in the Bay Area for $26.2 million.

RENTV – Azusa Mixed-Use Development Lands $55 Mil in Financing

The property is a transit-oriented development that will anchor downtown Azusa at the corner of N. Azusa Ave and historic Route 66. The site offers walkable access to the Azusa Pacific and Citrus Colleges, as well as the Downtown Metro Goldline, which is a 45-minute public transit commute to Downtown...

Connect California – Buchanan Street Delivers $55M MXU Construction Loan

Buchanan Mortgage Holdings, the finance arm of Newport Beach-based Buchanan Street Partners, has delivered a $55-million construction loan for The Orchard, a 177,000-square-foot mixed-use residential and retail development located in Azusa, CA.

Blau Journal – Buchanan Mortgage Funds $55M Construction Loan

Buchanan Street Partners closed a construction loan for The Orchard, a 177,000 SF mixed-use residential and retail development located in Azusa, CA. The development represents the borrower’s second mixed-use development and non-recourse construction loan with Buchanan in the last two years.