For Immediate Release Contact: Tim Landwehr
EVP Strategic Opportunities
CALCAP Strategic Opportunities (CCSO), a subsidiary of California Capital Real Estate Advisors, Inc., has closed on a Preferred Equity transaction for an apartment community in Houston, TX. CCSO provided the $2.4MM in preferred equity, ensuring the closing would meet all deadlines and allow the sponsor to close at a higher leverage position (90%). The property is a 104-unit garden-style apartment community in a developing neighborhood of Houston, TX.
CALCAP Strategic Opportunities provides preferred equity investments, bridge loans, and mezzanine debt on rental housing communities in currently targeted markets across the US – AZ, NM, ID, CO, NV, TN, TX, GA, FL, NC, and select states.
For additional information, please visit us at: CALCAP Advisors – Strategic Opportunities or complete our short Online Inquiry to quickly determine if your gap financing needs, meet our investment requirements.
About CALCAP Advisors
California Capital Real Estate Advisors, Inc., and its affiliate entities (CALCAP Asset Management I, CALCAP Properties, CALCAP Lending, and CALCAP Senior Healthcare I, collectively known as “CALCAP”), is a California based investment company founded and 2008 and headquartered in Pasadena, California. The Company sponsors alternative real estate investment opportunities focused on demographically driven housing. CALCAP has been able to consistently provide both individual and institutional investors with outstanding returns over the last 12 years. CALCAP currently has over $350MM in Assets Under Management.
For more information, contact: Tim Landwehr, EVP Strategic Opportunities directly at 747-268-0675
Download PDF: CCSO-PR-0511-2021