Concord Summit Capital Closes $26.8 Million in | MultifamilyBiz.com
DANA POINT, CA - Concord Summit Capital, LLC (“Concord Summit”) arranged $26.8 million of total construction financing for Del Prado Place, a mixed-use condominium development in Dana Point, Calif., a coastal community located in Orange County, about halfway between Los Angeles and San Diego. Concord Summit sourced a $17 million Senior Construction loan and $9.8 million in CPACE financing. Del Prado Place will offer 18 spacious one- and two-bedroom condominiums with expansive...