ACRES funded a first mortgage construction and condominium sellout loan secured by a 1.8-acre site, approved and currently under construction. The property will span five stories, and will be comprised of the following amenities:
The property is located within the Willow Glen, one of San Jose’s most popular neighborhoods, featuring a historic, walkable downtown area with numerous retail and dining options.
Exantas Capital Corp.is externally managed by ACRES Capital, LLC. The Company’s primary investment strategies include transitional commercial real estate loans and longer duration commercial real estate credit investments, such as commercial mortgage-backed securities. To see more on EXANTAS, click below.