Affinius Capital secures $144M QuadReal construction loan for 408-unit Santa Ana apartments
Value
$144M
Location
Santa Ana, Orange County, California
Date
2026-04-07
Companies
Affinius Capital, QuadReal, Lowe, Greystar, JLL Capital Markets
The Carina project sits adjacent to the MainPlace mixed-use development and will feature studios and one- and two-bedroom apartments across nine levels. Amenities include a resort-style pool, outdoor lounge, fitness center, yoga and spin studio, game room and co-working offices. Greystar will serve as property manager. JLL's Jamie Kline, Charlie Vorsheck, Nick Englhard and Charlie Paul arranged the financing. The deal joins a broader wave of multifamily construction in Orange County, including Related California's $3 billion master-planned community adding 3,750 units in the same submarket.
Source
Commercial Observer