Parkview Financial Provides $80 Million Construction Loan for Luxury Condominium Project in Newport Beach, California
NEWPORT BEACH, CA - Parkview Financial announced today it has provided an $80 million construction loan to One Newport Development, LLC for the development of Uptown Newport, a residential project consisting of 66 for-sale luxury condominiums at 4311 to 4321 Jamboree Road in Newport Beach, CA. Situated on a 1.06-acre land parcel near the major cross street of MacArthur Blvd., the fully entitled property has undergone grading, and with this loan in place, vertical construction is scheduled to co...
United States Paul Rahimian Newport Development One Newport Development Uptown Newport Newport Beach
Source: multifamilybiz.com