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In The News

Orange County Business Journal — Buchanan Street Partners Welcomes a New VP of Accounting & Investor Reporting

Buchanan Street Partners, a nationally recognized real estate investment firm based in Newport Beach that focuses on making debt and equity investments in commercial and multifamily real estate, has announced the hiring of Bryce Lin.

Rebusiness Online – Buchanan Mortgage Provides $39M Construction Loan for Apartment Development in Lacey, Washington

LACEY, WASH. — Buchanan Mortgage Holdings, an affiliate of Buchanan Street Partners, has provided a $39 million non-recourse construction loan for the completion of a garden-style multifamily community in Lacey. The borrower is Harbor Custom Development.

The Registry Pacific Northwest Real Estate – Buchanan Street Partners Funds $39MM Construction Loan on Lacey, Wash., Apartment Community

Lacey, WA (October 5, 2022) – Buchanan Mortgage Holdings, LLC (BMH), an affiliate of Buchanan Street Partners, L.P., provided a $39 million non-recourse construction loan to Harbor Custom Development, Inc. to complete the development of a 177-unit, garden-style multifamily community located in Lacey, Washington, a suburb of the Seattle/Tacoma MSA.

Puget Sound Business Journal – Harbor Custom Development secures $39M to complete Lacey complex

Tacoma-based Harbor Custom Development Inc. (Nasdaq: HCDI) has secured a $39 million construction loan to complete a 177-unit garden-style apartment development in Lacey. Buchanan Street Partners of Newport Beach, California, announced last week that it provided the non-recourse loan. The announcement comes as rising interest rates have dampened demand for...

RENTV Real Estate News & Media – Planned Inland Empire Truck Terminal Project Lands $25 Mil in Construction Money

A Los Angeles real estate firm has secured $25 mil in construction money for the development of a 53.3k sf, Class A truck terminal situated on 10.5 acres in Perris. The unnamed borrower has specialized in entitling, developing and operating industrial, logistics, and cold storage properties across California for over...

RENTV – Real Estate News & Media – Harbor Custom Development Lands $39 Mil Loan for Development of WA Res Community

Harbor Custom Development Inc has secured $39 mil in construction money to complete the development of a 177-unit, garden-style multifamily community located in Lacey, WA, a suburb of the Seattle/Tacoma MSA. The non-recourse loan was provided by Buchanan Mortgage Holdings LLC, an affiliate of Buchanan Street Partners L.P.

The Orange County Register – Real estate news: 60-foot sculpture ‘Mercury Falling’ installed atop Irvine apartments

Next time you’re at the corner of Jamboree and Main in Irvine, look up. Yes, you might see an airplane with its landing gear coasting toward nearby John Wayne Airport … but you also might see what looks like molten metal pouring off an apartment complex.

Connectcre – BMH Provides $39M Construction Loan for Lacey MultiFam Project

Buchanan Mortgage Holdings (BMH), an affiliate of Buchanan Street Partners, L.P., has provided a $39 million non-recourse construction loan to Harbor Custom Development for the development of a multifamily community in Lacey, WA.

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...
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