In The News

RENTV Real Estate News & Media – Buchanan Mortgage Holdings Funds Three CA Loans Totaling $55 Mil

Buchanan Mortgage Holdings LLC (BMH), an affiliate of Buchanan Street Partners L.P., recently closed three loans in California totaling $55 mil. The financing deals were for development land in San Diego, an office to res condo project in Hermosa Beach, and a hotel to apartments conversion project in Rancho Cordova.

Globe News Wire by Notified – Harbor Custom Development, Inc. Closes $39,000,000 Construction Loan with Buchanan Mortgage Holdings

Gig Harbor, Washington, Aug. 23, 2022 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) ("Harbor," "Harbor Custom Homes®," or the "Company"), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced it has closed a construction loan...

RENTV Real Estate News & Media – Serrano Development Group to Build 127-Unit Multifamily Project in Azusa

Serrano Development Group has secured $47 mil in non-recourse construction financing for the development of Lumia Apartments, a 127-unit, market-rate multifamily project in Azusa.

Urbanize Los Angeles – 127 apartments + retail underway next to Azusa Metro stop

A recent groundbreaking ceremony marked the start of work on The Lumia Apartments, a new project from Serrano Development Group located on a 1.2-acre site at 826 N. Azusa Avenue. Plans call for the construction of 127 market rate residential units atop 9,500 square feet of ground-floor retail space and...

Connect cre – Buchanan, Serrano Dev Group Move Forward in Azusa with Recent Loan

Moving out of Los Angeles and toward the Inland Empire, as the Metro Gold Line heads toward east, is Azusa. In Azusa, the Serrano Development Group has secured a $47 million, non-recourse construction loan from Buchanan Mortgage Holdings.

The Press-Enterprise – What’s new: Dick’s hiring for new Temecula store; Fantasy filling 70 casino jobs

Dick’s Sporting Goods is hiring for a new store coming to Promenade Mall in Temecula. According to signs seen posted at the retailer’s Murrieta location, it will close there and relocate 3 miles south to the newly built store at the Promenade. Applicants, Dick’s said in a news release, should...

Champion Newspapers – Self-storage facility provides modern tech in Chino Hills

Four years after it was approved by the Chino Hills Planning Commission, the 130,149-square-foot self-storage facility is open for business in the small retail center where Denny’s and Starbucks are located on Soquel Canyon Parkway and Fairfield Ranch Road in Chino Hills.

The Orange Country Register – Real estate news: 8 Los Alamitos apartments sell for $3.9 million, or $489,375 each

Newport Beach-based Buchanan Street Partners has bought a new, three-story self-storage facility in Chino Hills for $24.5 million from an unidentified developer. The 95,500-square-foot facility has 920 self-storage units. The sale marked the third California self-storage facility Buchanan has bought in the last 12 months.

RENTV Real Estate News & Media – Buchanan Street Partners Picks Up New 95k sf Self-Storage Facility in Chino Hills

Buchanan Street Partners has acquired a new, 95.5k sf three-story, climate-controlled self-storage facility in Chino Hills for $24.5 mil in an off-market transaction. The facility, located at 15443 Fairfield Ranch Rd, is comprised of 920 self-storage units.
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