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:
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.
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.