Brief
United States
US·Financing·Multifamily

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.

multifamilyconstruction-financingorange-countycaliforniasouthern-california

Source

Commercial Observer

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