Residential Condominium

Fremont, CA

Condo - Refinance

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Fremont, CA

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Residential Condominium

CONDO - REFINANCE

ACRES funded a loan which will be used to finance the construction completion of a partially built, 93-unit residential condo in Fremont, California. The five-story building will include the following:

Unit mix of 20 one-bedroom/one-bathroom units, 44 two-bedroom/two-bathroom units, and 29 three-bedroom/two-bathroom units
Controlled-access entry
A fitness center, clubroom, lounge, courtyard, decks, and bike storage facility

Located approximately 30 minutes from San Jose/Palo Alto and one hour from San Francisco, future residents will have convenient access to Silicon Valley and San Francisco’s robust economies and vibrant employment base.

The project is within walking distance of Fremont Central Park which features more than 450 acres of park land and an 80-acre lake, as well as a skate park and areas for fishing, boating, basketball, tennis, and picnics.

$45 Million

Loan Amount

18 Months

Loan Term

Construction Loan

Loan Product

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ACRES Capital, LLC (“ACRES”) is an SEC-registered investment adviser with an office in Uniondale, New York. ACRES and its representatives are in compliance with the current registration and notice filing requirements imposed upon SEC-registered investment advisers by those states in which ACRES maintains clients. SEC registration is not an endorsement of the firm by the Commission and does not mean that the adviser has attained a specific level of skill or ability.