JLL Capital Markets has successfully arranged a $5.11 million refinancing for 330 S. Home St., a multifamily property located in Oceanside, California. Led by Senior Director Chris Collins and Analyst Emily Pohlman, the team secured a three-year fixed-rate loan from a regional bank on behalf of the borrower – Westview Real Estate and Pace Properties joint venture.
The property comprises of 21 units, including 17 original units built in 1970 that were renovated in 2023 and four newly constructed accessory dwelling units. Situated approximately thirty miles north of Downtown San Diego in the North County submarket, it offers convenient access to major highways such as San Diego Freeway and State Highway 78 as well as an Amtrak station nearby.
Each unit boasts an average size of 715 square feet with modern kitchens equipped with high-end appliances and renovated bathrooms featuring top-of-the-line fixtures. The community also offers amenities like surf showers, secure electric bike parking facilities, common area grills along with LA-inspired artwork throughout.
This successful refinancing showcases JLL’s expertise in securing favorable financing options for its clients’ real estate investments without compromising on quality or convenience.
